The German Federal Ministry for Economic Affairs and Energy has calculated that 40 per cent of aggregate energy consumption is used in buildings. Besides private households, this concerns – above all – businesses that need energy for heating and lighting. In 2014, commerce, retailers and service providers consumed a total of 361 terawatt-hours for these purposes – around 14 per cent of Germany's aggregate energy consumption. Rising energy costs are making 'green' buildings ever more popular.
One of the characteristics of 'green' buildings is a high level of resource efficiency: they use less energy and water compared to traditional buildings. Moreover, green buildings are designed to reduce damage to the environment.
Hence, they not only save costs, allowing businesses to markedly reduce their expenses for floor space, they also provide a pleasant atmosphere, and thus the best conditions for a healthy workplace.
Sustainable real estate is also attractive to investors, who increasingly require compliance with ecological and social criteria, over and above purely financial indicators. It is for this reason that issuers of German covered bonds and other bonds are increasingly expected to contribute to a positive development of the economy and the environment.