Evaluating Green Building Practices through Sustainable Facilities Management: A Financial Approach

This study examines the financial implications of sustainable facilities management (SFM) and green building practices, adopting a systematic qualitative review approach to synthesise evidence from peer-reviewed literature, industry reports, and documented case studies. The findings demonstrate that SFM generates measurable operational and financial benefits, including reductions in energy, water, and maintenance costs, as well as enhanced asset performance and market valuation through rent premiums, lower vacancy, and improved tenant retention. Lifecycle cost analyses and retrofit case studies reveal that strategically timed interventions, aligned with equipment renewal cycles and supported by data-driven management, yield positive net present value and long-term cost savings. The research further highlights the central role of governance, data transparency, and skilled facilities managers in realising these benefits, showing that technological investments alone are insufficient without organisational capability, preventive maintenance culture, and performance monitoring. Performance-based certification frameworks, such as NABERS, BREEAM In-Use, and ENERGY STAR Portfolio Manager, enhance credibility and facilitate access to sustainabilitylinked financing, reinforcing the strategic value of SFM. Anchored in the Resource-Based View (RBV), the study conceptualises sustainable facilities management as a strategic organisational capability that integrates technology, human capital, and operational governance to deliver sustained competitive advantage. Overall, the evidence positions SFM not merely as an environmental or regulatory compliance measure, but as a financially viable strategy that aligns operational efficiency with long-term asset resilience, market competitiveness, and risk mitigation in the commercial real estate sector