“A green lease is a sustainability-oriented tenancy agreement. Through its special provisions, which may be flanked by the requirements of any existing certification of the property, it encourages the tenant to use the property as sustainably as possible and the landlord to manage the property as sustainably as possible.”
Achieving sustainability goals together
Green leases have become increasingly popular in the real estate sector in recent years, and that is encouraging. For a long time, however, there was no uniform definition in Germany of what makes a conventional lease a green lease.