(NLDO)- Real estate projects that receive green certification often increase their valuation by 5-10%, attracting tenants willing to pay 7-15% higher fees.

(NLDO)- Green-certified buildings often increase their valuation by 5-10%, attracting tenants willing to pay 7-15% higher fees.

At the workshop "Vietnam Green Real Estate 2025, ESG trends and green finance classification categories" held on the afternoon of November 13, organized by the Vietnam Green Building Council (VGBC) and Global Real Estate Sustainability Benchmark (GRESB), experts acknowledged that the process of applying ESG in the real estate industry brings many outstanding benefits.

Ms. Luu Thi Thanh Mau, Permanent Vice President of the Ho Chi Minh City Green Business Association (HGBA), General Director of Phuc Khang Corporation, said that by the end of 2024, Vietnam will have more than 559 green buildings with a total floor area of ​​about 13.6 million m², while Singapore has covered 61% of its floor area with greenery and aims to reach 80% by 2030. This difference shows a huge development potential for the green market in Vietnam, and is also a strong driving force for pioneering green building development enterprises like Phuc Khang.

Mr. Douglas Snyder, Executive Director of VGBC, said that currently, the Vietnamese real estate market can apply three green investment scenarios: building new buildings, renovating existing buildings and merging or developing new projects. These standards help to clearly define what is "green", from installing solar power, water treatment systems, to using environmentally friendly materials. At the same time, ensure transparency in cash flow management and green certification.

Speakers shared at the workshop

Mr. Trey Archer, Director of Business Development at GRESB, said the benefits of green real estate are not just environmental. Green-certified buildings typically increase their valuation by 5–10%, attract tenants willing to pay 7–15% more, and help businesses improve their brand image, reputation, and ability to raise capital. This is a key factor as Vietnam is moving towards the goal of net zero emissions by 2050.

According to CBRE Vietnam, green-certified offices command rents that are around 6-7% higher and occupancy rates that are 4-6% higher than conventional buildings. Even in tough market times, these buildings maintain good rental performance thanks to low operating costs, energy efficiency and a better user experience. In addition, 80% of new tenants in Hanoi and Ho Chi Minh City choose green buildings, reflecting the trend of businesses prioritizing sustainability.

Source: https://nld.com.vn/bat-dong-san-xanh-duoc-nguoi-thue-san-sang-tra-phi-cao-hon-co-the-len-toi-15-196251113194321478.htm