TFT Energy Survey 2016 is TFT’s first annual survey into the current barriers to delivering truly energy efficient real estate. Specifically targeting property investors and managers, it explores a range of key issues including whether energy efficiency has become a higher priority.
The report, published earlier this week, found that 80 per cent of commercial property landlords claim a lack of government incentives is the single biggest barrier to widespread energy efficiency measures being introduced across UK commercial real estate.
With a confusing array of disconnected, individual energy regulations, a further 75 per cent have said that the current regulatory framework is too complex to navigate. This comes even though an overwhelming majority of respondents to TFT’s first annual survey (92 per cent) say that attitudes to energy efficiency have improved since the last recession.
Similarly, 90 per cent are clear that energy efficiency is a higher priority in their portfolios than it was before 2008. However, only 35 per cent of investors have introduced a formal energy management system or implemented energy efficiency improvements.
Via UK Green Building Council. View the full article here.