Thursday, 23 February 2012

Energy Standards 'Will Impact UK Commercial Property'

Investors with UK commercial property assets as part of their portfolio may want to check the buildings they own will meet the new standards for energy efficiency that are due to come into force in April 2018. A survey conducted by DTZ revealed up to 40 per cent of commercial real estate in the UK could fall foul of the new legislation, which requires all premises that are rented or sold to have a minimum Energy Performance Certificate (EPC) rating of E - with the scale running from A to G. According to the findings, many of these assets are considered to be a borderline E and are therefore likely to be impacted by the change in the law.

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