As a full-service event-planning company, Artmall Corporation organizes trade shows, school events, and professional conferences. Simultaneously, Artmall Corporation provides real estate management services with an emphasis on environmentally friendly buildings.
To curb the imminent threat of climate change and global warming, environmentally friendly real estate practices are surging. One of them is green real estate investing or greenhabbing.
A relatively new term, greenhabbing is the process of transforming an existing building into an environmentally friendly and energy-efficient one. The ultimate goal is to minimize the environmental impact of the building’s residents. Ways to achieve this include shifting to energy-efficient lighting and low-flow water fixtures. The result is lower living costs, which will make the building more desirable and make prospective owners pay more for the property.
Greenhabbing enables real estate investors to increase their profits while lessening their environmental impact. To greenhab a property, an investor must ensure that it performs better and provides a safer and healthier living environment than a non-green home. In addition, a greenhabbed construction must be made of a minimum of 80-percent recycled or sustainable materials and have a minimum of 30-percent lower operating costs.
