Commercial Property
Drive to boost office energy efficiency leads to upgrade over demolition
Environmentally sustainable buildings have an increasingly competitive edge when it comes to attracting tenants
Pressure to improve the energy efficiency of office buildings has increased following last year’s upsurge in energy costs, but may not lead to the demolition of as many older office blocks as some had feared.
Aidan Gavin, managing director, Cushman & Wakefield, said that as many as 82 per cent of office occupiers are looking for buildings of at least B1 BER rating. Consequently, he reported that in the second half of 2022 those best-in-class ...