January 22, 2013

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position. More →

January 22, 2013

Green retro fitting a ‘best bet’ for 2013

by Sara Bean • Environment, News, Property

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Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – refurbish good properties with green credentials – is taking hold. Sustainable properties are increasingly commanding higher rents and values, as governments move to force companies to increase building’s energy efficiency and reduce their environmental footprint.

January 16, 2013

Greater clarity required for UK infrastructure plan

by Sara Bean • News, Property

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The National Audit Office has called on the UK government to provide greater clarity to taxpayers and consumers on how it will meet its national infrastructure plan. The government expects £310 billion to be spent by 2015 and beyond on new infrastructure projects in sectors such as energy, rail, roads, water, waste, flood defences and digital communications. The government is looking to private companies to own and finance around 64 per cent of the £310 billion, with the burden of funding likely to shift towards the public as consumers rather than taxpayers.

January 14, 2013

JLL’s CEO new Chairman of the UK Green Building Council

by Sara Bean • Architecture, Environment, News, Property

Jones Lang LaSalle’s Andrew Gould has succeeded Dan Labbad, Group CEO of Lend Lease, as Chairman of the UK Green Building Council. He takes up the position at a time when business leaders are increasingly focused on the need to show leadership on climate change and recognise the opportunities for green growth in the UK. The UK Green Building Council is an industry-led campaign group, part of a global network of Councils that are active in over 90 countries worldwide. More →

January 10, 2013

Record global temperatures still a threat say Met Office

by Sara Bean • Environment, News

Global warming

Following media reports that “global warming has stalled” – despite the fact that Australia’s Bureau of Meteorology is predicting temperatures there could reach a record 52C – the Met Office has warned we will continue to see near-record levels of global warming over the next few years. The publication this week of an experimental decadal global temperature prediction showing global temperatures over the next five years are likely to be a little lower than those forecasted in December 2011 was widely reported as “reopening the climate change debate”. More →

January 10, 2013

Global sustainable real estate securities fund announced

by Sara Bean • News

A global sustainable property fund that invests in Real Estate Investment Trusts (REIT) and other publicly traded property companies that meet environmental and social sustainability criteria, has been launched by US real estate investment firm European Investors Incorporated (EII). The focus will be primarily on global equities of companies involved in the ownership, management, development and financing of commercial and residential properties that strive to meet sustainability requirements.
More →

January 8, 2013

Clarification complaints on changes to EPCs

by Sara Bean • Environment, Facilities management, News

Important changes to the requirements regarding Energy Performance Certificates (EPCs) are effective from tomorrow – 9 January 2013.

But according to RICS (The Royal Institution of Chartered Surveyors) many of these changes have not previously been discussed and RICS has been asking the DCLG for clarification on some of the amendments, including whether or not listed buildings are now excluded. More →

January 8, 2013

Coalition’s mid-term review given green thumbs down

by Sara Bean • Environment, Knowledge, News

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 →

January 3, 2013

Mayor announces green fit-out of 400 buildings

by Mark Eltringham • Environment, News, Public Sector

Thirteen building services contractors have been awarded a contract to retrofit around 400 London public sector buildings to make them more energy efficient. The work is being carried out as part of London Mayor Boris Johnson’s RE:FIT initiative. The new programme of work is expected to last four years and will see contractors guarantee a set level of savings based on the energy conservation measures implemented. More →