Policy, regulation, technology and market drivers are changing rapidly and creating new risks and opportunities for organisations and properties. Practical knowledge of the issues can allow the risks to be managed and the opportunities maximised.
At GVA, we recognise the increasing importance of sustainability as a key driver in investment performance. The sustainability team work with colleagues throughout GVA to provide services that improve the sustainability performance of clients’ organisations, investments and operations.
We are actively involved in finding solutions for clients and the real estate industry and are involved with a number of industry bodies including the UK Green Building Council, the Better Buildings Partnership and the RICS. We regularly provide the market with information and insight on pertinent issues that impact the industry. In particular, GVA’s Green to Gold series is the UK’s longest running survey of commercial property investors’ views on sustainability.
Minimum Energy Efficiency Standards (MEES)
EPC Risk Management
From April 2018, the regulations will require all new leases (including sub-lettings and qualifying lease renewals) to meet the minimum standard EPC rating of ‘E’ (applies to all existing leases from April 2023).
Beyond the main headlines there are a multitude of risks for both landlords and occupiers. These risks may impact lease event negotiations, investor/occupier demand, valuations and debt provision. At GVA we have created a multidisciplinary team to manage your risk and deliver positive outcomes at all stages of the asset life cycle.
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