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Commercial rented properties heading for energy efficiency crunch

Thousands of commercial landlords could end up with costly ‘stranded assets’ once new Minimum Energy Efficiency Standards (MEES) legislation for buildings comes into effect next month. From 1 April 2023, it will no longer be legal to let a property ...

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UKGBC assembles Task Group to accelerate commercial retrofit

The UK Green Building Council (UKGBC) has put together a team of cross-industry experts who will support its mission to accelerate action on commercial retrofit. The energy required to heat, power and operate commercial buildings accounts for nearly a quarter ...

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Investor and occupier demand for UK commercial property falls

The Royal Institution of Chartered Surveyors (RICS) UK Commercial Property Monitor Q4 2022 has revealed a further deterioration in overall market conditions during the quarter. At national level, 83 per cent of respondents believe the market is in the downturn ...

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CUBE competition has already saved enough energy to power over 3,000 homes

The UK’s first competition launched by CUBE to tackle the dual challenges of energy efficiency in commercial buildings has already saved 15GWh in energy, that’s enough to power over 3,000 homes for a year. The competition’s innovative approach brings landlords, ...

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Guide to climate resilience strategies for commercial properties launched by the BBP

The Better Buildings Partnership (BBP) has published a new guide for BBP Climate Commitment signatories and other real estate companies on climate resilience. The guide has been led by the BBP’s Climate Resilience Working Group and co-created with BBP members, drawing ...

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Evotech launches its myBEMS AI technology to cut building running costs

  Today at Healthcare Estates 2022, building performance company Evotech Technical Services, launched its state of the art myBEMS system that uses AI technology to harness data from building sensors, to automate commercial building HVAC systems and significantly cut running ...

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Built environment must progress on decarbonisation as demand for green buildings continues to rise

Progress is being seen in some aspects of the built environment on the drive to be more sustainable, according to RICS Sustainability Report 2022, however the rate of advancement needs to accelerate significantly and become more widespread. The report, which ...

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Latest RICS Commercial Property Survey signals a more cautious tone, although occupier demand is still increasing

The cost of living crisis and BoE interest rate hikes have caused a cautious tone across the commercial property market, with 43 per cent of respondents now reporting that the market is entering the early stages of a downturn.  This ...

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Heatwave legionella warning for commercial buildings and workplaces

With the current UK heatwave expected to hit its peak next Monday as temperatures build towards 35C in parts of the UK, IWS Water Hygiene is issuing an increased legionella bacteria warning to workplace and commercial building owners and facilities ...

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Average yield for commercial rentals hits six per cent

Commercial property landlords are currently averaging yields of six per cent across England, climbing as high as 8.6 per cent in some regions, according to new research by advisory firm, Revolution Brokers. Some areas of the commercial property sector took ...

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