When buying commercial property, firms are taking energy efficiency increasingly seriously.
Energy efficiency has become a high priority for
property investment firms looking to add to their portfolio, it has been claimed.
The Department of Energy and Climate Change claims that energy bills for businesses could rise by as much as 26 per cent in the next decade, the Coventry Telegraph reports.
Companies looking for viable
commercial development opportunities are therefore paying ever more close attention to the building's sustainability.
This is according to Marc Blomfield, managing director of The National Energy Performance Certificate Company, who told the publication that energy efficient office spaces are the most attractive in a saturated market.
"The capital value of the exposed inefficient buildings will fall considerably once all commercial properties are obliged to carry an energy efficiency rating on their sales particulars," he said.
Britain's commercial property market is stalling, as the latest report from the Investment Property Databank indicates that capital growth rates fell to 0.2 per cent in July.
Posted by Hadji Singh
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