Noticias en la PTEC




20 de Junio de 2015


Drivers for change: strengthening the role of valuation professionals in market transition


The EU-funded project RenoValue, has just published a report providing insights into current levels of consideration of energy efficiency and other sustainability aspects by valuation professionals when assessing the value of buildings. It also outlines key barriers that currently hinder the consideration of energy performance data by the valuation community as well as local market sentiment with regard to sustainable buildings potentially commanding higher sales or rental premiums.


A better understanding of the link between energy performance and the value of buildings plays a crucial role in driving market transition towards sustainable buildings in Europe.  The RenoValue report is the result of extensive market research and stakeholder consultation with over 150 professionals from across 7 European countries including Belgium, Germany, Italy, The Netherlandsm Poland, Sweden and the UK.


RenoValueis a 2-year project that started in February 2014 and is funded by the Intelligent Energy Europe Programme of the European Union. It will develop a training toolkit for property valuation professionals on how to factor energy efficiency, renewable energy and other sustainability aspects into valuation practices, and consequently help valuation professionals better understand the relationship between building performance and property value and encourage them to advise their clients accordingly.


The project is run by a consortium of companies and organisations, which together cover a broad range of real estate and construction stakeholders. The RenoValue consortium consists of: RICS, the Karlsruhe Institute of Technology (KIT), CBRE, the Polytechnic of Milan, the Polish National Energy Conservation Agency, Troostwijk Real Estate, Skanska and Business Solutions Europa.


In addition the research project is assisted by a high level European Valuation Steering Group including representatives from the following organizations: Caisse des Dépôts, Cushman & Wakefield, Hermes Real Estate, European Group of Valuer’s Associations (TEGoVA), United Nations Environment Programme’s Suistanable Buildings and Climate Initiative (UNEPSBCI), World Green Building Council.

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