Energy efficiency rules could devalue property

New energy efficiency rules could devalue nearly a fifth of commercial properties. The Minimum Energy Efficiency Standards (MEES), which require properties to get a minimum “E” rating, mean 19% of shops, offices and warehouses could become legally uninhabitable and fall in value by up to 10%. The new legislation could wipe as much as £16.54 billion from the […]

Property managers focus on sustainability

A partnership of leading property managers now include sustainability services as a standard part of their business. The BBP Managing Agents Partnership collectively manages over 29,000 property assets in the UK. Until now, sustainability services have been offered only when requested by the client. The group have recently defined and standardised sustainability objectives and worked out how they […]

Property leaders team up against carbon

Leading property and construction organisations have urged the sector to keep its focus on decarbonisation. Eighteen organisations, led by the UK Green Building Council (UK GBC), have signed an open statement to the industry stressing the importance of reducing carbon emissions regardless of the EU exit negotiation results. Part of the statement reads: “A low carbon built environment can […]

Minimum Energy Performance Standards: How to unlock the commercial benefits before April 2018

The Minimum Energy Performance Standards (MEPS) will come in to force from 2018, but property firms must start taking action now to meet them in time. By April 2018 all rented properties in the non-domestic sector with an F & G rated building will need to be improved to be rented out – and from […]

Fracking ‘could reduce house prices’, says official report

Fracking could reduce house prices and lead to environmental damage, according to a government report. It was forced to publish the unredacted document following a decision made by the data watchdog, the Information Commissioner’s Office, after a battle with campaigners. Several key sections of a version released by the Department for Environment, Food and Rural […]

Julie Hirigoyen new UK Green Building Council boss

Julie Hirigoyen is taking up the reins of the industry-backed charity UK Green Building Council (UKGBC). Currently UK Head of Sustainability for international property consultants JLL, she will replace outgoing Chief Executive Paul King in April 2015. Director of Policy and Communications John Alker will hold the fort until then, as King steps down at […]