Performance Validation’s Post

The #CommercialProperty landscape is undergoing a significant transformation, with #Sustainability and #EnergyEfficiency taking centre stage. One of the key regulations driving this change in the UK is the Minimum Energy Efficiency Standards (#MEES). For #CommercialLandlords, MEES is not just a regulatory requirement; it's an essential aspect of modern #PropertyManagement. Stephen Dootson, Commercial Director at the KAST Group, has written an Expert Insight which features on BBP Media’s homepage this week; delving into why MEES is crucial for commercial landlords. ➡️ Find out more and read full here: https://lnkd.in/e_y6Sngs #BusinessSustainability #EnvironmentalCompliance #EnergyCompliance #SustainableBuildings #EPCs

🚨 ONE WEEK until the UK NZC Buildings Standard consultation closes.   You only have until 31 August to submit your feedback to the Standard’s technical update and consultation. By joining hundreds of volunteers across the sector who have worked hard to develop technical aspects of the Standard, you can help shape the future of Net Zero buildings in the UK.   With the deadline fast approaching, don’t miss out on the opportunity to ‘leave your impact’ 👉 https://lnkd.in/eqZm4Ni4   Our Commercial Real Estate Lead, Nektarios D. Gkanis, leading the Task Group 3 – Reporting, Disclosure and Verification part of the Standard, explains more 👇   #NetZero #UKNZCBS #NetZeroBuildings 

Stricter CO2 rules are forcing a price change in commercial real estate. European regulations are pushing investors to cut exposure to unsustainable buildings with high energy usage and significant carbon emissions, risking asset stranding and devaluation over the next year. The prevalence of pre-2000 buildings with poor energy performance in Europe compounds the issue, highlighting the urgent need for renovations to meet energy efficiency requirements. 🏢 Investors are using tools like the Carbon Risk Real Estate Monitor to assess climate-related risks and make credit decisions. As a result, companies with robust sustainability plans are seeing increased interest in green loans and refinancing projects. 💚 While Europe leads in enforcing regulations, comparable risks are emerging globally as standards continue to evolve. It is clear the CRE market must demonstrate real-time performance and yearly improvements to continue to be attractive to investors and lenders. Read more here 👉 https://lnkd.in/e_rY6S-T #Sustainability #CommercialRealEstate

If you're confused about which residential decarbonization strategies are best, check out this new calculator from RMI: "Green Upgrade Calculator"

Decarbonising the building stock by 2050 demands a 3% renovation rate per year, combined with an average energy efficiency improvement of 75% Are we, as a society, ready for #radicalcollaboration and #transformativechange ? #racetozero #retrofit #building #cities

Do the MEES regulations remain relevant?   YES. OF COURSE.   Despite the government’s intention to update the proposed timelines, MEES remains highly relevant to the real estate market and the government’s ambitious net zero targets.   For a refresher on MEES, check out our short videos: https://lnkd.in/e7FCkzVr CMS UK CMS Real Estate Rebecca Roffe Ellie Black #cmslaw #mees #realestate #greenfuture

2024 continues to deliver waves of ESG-related news, updates and developments. In this latest UK Real Estate ESG Update Robert Gowing considers the challenges inherent in the planning system when it comes to adapting or upgrading heritage buildings; David Horan explains how district heating networks are likely to impact both developers of new buildings and owners of existing buildings; and Chris Somorjay takes a look at what’s "new" in the BBP’s new green lease toolkit, as well as continuing our ‘Green Lease Corner’ series with a focus on data sharing clauses.

2024 continues to deliver waves of ESG-related news, updates and developments. In this latest UK Real Estate ESG Update Robert Gowing considers the challenges inherent in the planning system when it comes to adapting or upgrading heritage buildings; David Horan explains how district heating networks are likely to impact both developers of new buildings and owners of existing buildings; and Chris Somorjay takes a look at what’s "new" in the BBP’s new green lease toolkit, as well as continuing our ‘Green Lease Corner’ series with a focus on data sharing clauses.

2024 continues to deliver waves of ESG-related news, updates and developments. In this latest UK Real Estate ESG Update Robert Gowing considers the challenges inherent in the planning system when it comes to adapting or upgrading heritage buildings; David Horan explains how district heating networks are likely to impact both developers of new buildings and owners of existing buildings; and Chris Somorjay takes a look at what’s "new" in the BBP’s new green lease toolkit, as well as continuing our ‘Green Lease Corner’ series with a focus on data sharing clauses.

2024 continues to deliver waves of ESG-related news, updates and developments. In this latest UK Real Estate ESG Update Robert Gowing considers the challenges inherent in the planning system when it comes to adapting or upgrading heritage buildings; David Horan explains how district heating networks are likely to impact both developers of new buildings and owners of existing buildings; and Chris Somorjay takes a look at what’s "new" in the BBP’s new green lease toolkit, as well as continuing our ‘Green Lease Corner’ series with a focus on data sharing clauses.