HB - The Legal Corner Magazine #Issue 5

important to work with experienced professionals such as architects, contractors, and sustainability consultants to assess the potential costs and benefits of incorporating eco-friendly features into new and older homes. There are so many advantages to designing sustainable and eco-friendly properties. So long as strategies such as energy monitoring and efficient waste management practices, tax breaks and grants for eco-friendly projects, constant focusing on reuse and regeneration of existing buildings and developments, repurposing of under-utilised spaces, as well as promotion of green spaces and landscaping, are incorporated into property development and management, we can create a more sustainable and eco-friendlier environment. For questions about any of the matters discussed in this article, please contact Deborah Mantell "Although sustainable real estate may involved higher upfront costs, these can be offset by long-term saving in lower operating costs, reduced energy consumption and lower maintenance expenses."

providing financial incentives and grants to promote eco-friendly developments which can help to offset some of the initial costs and make sustainable real estate more financially viable for developers and homeowners alike.

Growing Lifestyle Demand

Generally, although sustainable real estate may involve higher upfront costs compared to conventional buildings, these costs can be offset by long-term savings in lower operating costs, reduced energy consumption, improved occupant health and well-being, as well as lower maintenance expenses. All of these can, as we have seen, result in a positive return on investment over time.

Sustainable and community-oriented developments that foster a sense of

community, prioritise green space, are walk and cycle friendly and give greater access to public transport are becoming more and more popular as people seek living environments which emphasise occupant health and well-being, improved indoor air quality, access to natural light and outdoor spaces.

deborah.mantell@haroldbenjamin.com

Connect with Deborah on LinkedIn

Sustaining Sustainability

If properties are to be designed to be sustainable and environmentally friendly, it is

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