HomeReviewsDiscover the international trend: green leases

Discover the international trend: green leases

By Indhira Desangles

Special for El Inmobiliario

In the pursuit of a more sustainable future, the real estate sector in the Dominican Republic is at a crucial juncture. With growing environmental concerns and the need to reduce greenhouse gas emissions, an innovative solution is emerging: green leases or eco-friendly rentals.

Just as Spain has committed to reducing emissions by 55% by 2030 compared to 1990 levels, the Dominican Republic is also exploring ways to move towards sustainability. It is in this context that green leases are emerging as an important option.

Green leases are rental agreements that include specific clauses designed to encourage collaboration between landlords and tenants in the sustainable management and use of properties. These clauses focus on measures to improve energy efficiency, waste management, sustainable transportation, and the responsible use of water.

Some of the common clauses include the following aspects, which are common practices in Spain and could be adapted to the reality of the Dominican Republic:

1. Energy efficiency: Commitments to improve the energy efficiency of the building through measures such as the installation of LED lighting, efficient heating and cooling systems, and the monitoring of energy consumption.

2. Waste management: Establishing practices to reduce, recycle and properly manage waste generated in the building.

3. Sustainable transport: Encouraging the use of sustainable transport by tenants, such as the use of bicycles or electric vehicles, and promoting teleworking.

4. Rational use of water: Commitments to reduce water consumption through the installation of efficient devices, leak repair and the implementation of sustainable practices.

5. Preventive maintenance: Specific actions to carry out regular preventive maintenance on the building in order to guarantee its energy efficiency and sustainable operation.

These practices, which have been successful in Spain, can be adopted in the Dominican Republic to move towards a more sustainable future in the real estate sector. As international pressure increases and their positive impact is recognized, the adoption of green leases is likely to continue growing in the Dominican Republic. Their implementation not only benefits the environment but also improves the profitability of investments and promotes a more sustainable future for all.

In conclusion, green leases are a growing trend in the real estate sector, both in Spain and in other countries such as the Dominican Republic. Their positive impact is undeniable, and their market acceptance represents an important step towards a more sustainable future for our communities.

The author is a specialist in commercial and corporate real estate with over 20 years of experience in the national market. Acropolis Corporate Center, Spatium, 8th Floor, Piantini, Santo Domingo, Dominican Republic, 10127.
+1 (809) 669 3063Desangles.Properties

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