Where can you get more information about ‘green leases’?
Organisations can get the most of out a ‘green lease’ when contemplating office relocation and negotiation with a new landlord, but they can also be entered into by existing tenants.
To make it easier for businesses to find out more about leases that include energy efficiency clauses, the federal government has published a ‘Tenant’s Guide to Green Leases’ and a ‘Green Lease Handbook’ for landlords.
The tenants guide tells you all you need to know about the benefits of incorporating energy efficiency clauses into a lease agreement. The landlord edition explains the benefits that they will receive as the owner of the premises.
You can download them both from this page: EnergyCut.info/tennants-guide-green-leases
‘CitySwitch’ also provides lots of useful information and tips on best-practice leasing.
Will a ‘green lease’ cost more?
According to ‘CitySwitch’, ‘green leases’ do not necessarily cost any more than regular leases. This type of lease may require behaviour changes from the tenants, which some could see as a cost.
However, the operational and energy efficiency savings that are gained by these leases should outweigh any management costs and perceived inconvenience.
Why are many small businesses not taking out ‘green leases’?
Green leasing practices have not yet been widely adopted by small business occupiers, largely due to a lack of awareness of the benefits and positive impact these practices can have on their bottom line.
Simple initiatives such as requiring the landlord to upgrade to LED lighting, installing lighting motion sensors and selecting a building with efficient base building services, will reduce a small business tenant’s OPEX costs over the life of the lease.
“The small businesses that are first to implement sustainable green leasing practices will not only realise financial savings, but will also benefit from reduced absenteeism, increased productivity and stronger levels of staff attraction, retention and engagement,” said Tristan Gannan the Associate Director of CBRE Global Corporate Services.