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Legal Developments worldwide

'Green Leases': Commercial Lease Arrangements for Sustainable Buildings

October 2010 - Real Estate & Property. Legal Developments by Ogier .

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A 'Green Lease' is a lease of a commercial or publicbuilding which incorporates an agreement between alandlord and a tenant as to how a building is to beoccupied, operated and managed in a sustainable way. 

It links sustainable building design with post-constructiveobligations on both the landlord and tenant of commercialproperty to achieve environmentally sustainabledevelopment objectives.

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