January 8, 2013
Coalition’s mid-term review given green thumbs down
The government may have reiterated its commitment to the green agenda in its Mid Term Review, which was published this week, but green groups remain resolutely unimpressed by its overall environmental record. Summarising the Coalition’s green initiatives so far, including the trebling of support for low carbon energy up to 2020 and the encouragement of green investments through the Green Investment Bank, the review stated: “We promised to be the greenest government ever, and we will fulfil that commitment.” More →
The news from the weekend that Axa Real Estate is looking to raise around £1bn to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. 
