Green leases per se are not yet commonly used in Spain. As yet, there are no specific provisions regarding green leases; therefore, general regulations on lease agreements may also apply in green leases. In this regard, the parties may agree and set up green clauses in the lease agreement to improve sustainability of buildings.

The only requirement in this regard is the EPCs .

Given that the current legislative framework on construction in Spain promotes the construction of green buildings, we expect that Spain will also regulate or establish measures for lease agreements in the near future.

Companies, especially large ones, but increasingly also medium-sized ones, are developing specific corporate social responsibility or ESG programs linked to sustainability and the environment. One of the focuses is the incorporation of green clauses in the leasing of offices, commercial premises or industrial buildings.