quality and green-certified buildings , as reflected by a higher capital value per square metre , more resilient capital growth and a higher net operating income per square metre compared to the non-certified office buildings . “ There is definitely a business case for leasing and buying properties with environmentally sensitive features . The research has repeatedly shown that firms that are proactive regarding environmental sustainability tend to achieve higher financial returns . There is also , for example , the day-to-day financial saving on the cost of energy , due to the use of more cost effective renewable energy .”
OPERATIVE INFRASTRUCTURE
A concern is our country ' s infrastructure , “ Currently we are seeing in KwaZulu-Natal , Gauteng , North West and the Free State in particular that poor performing municipalities and provincial governments are not keeping up with road maintenance and water service delivery requirements . This has a negative impact on businesses in the region , which then seek greener pastures in other provinces and shut-up shop , resulting in job losses . Municipalities need to find ways to work with businesses to ensure that infrastructure is adequately maintained not only to attract new business and property development , but to retain existing commercial and industrial enterprises .”
Commercial property and development only works if good infrastructure supports it . “ As a crucial component that connects businesses to their markets and employees to their work , adequate infrastructure is a key contributor to economic growth .”
SA Real Estate Investor Magazine JUNE 2022 63