Energy efficiency in the UK is suffering from a lack of incentives from the government, according to the latest energy survey by Tuffin Ferraby Taylor (TFT). The study found that 80% of commercial property landlords believe that a lack of incentives from the government is the primary barrier that is
The Leeds office of Lambert Smith Hampton has been appointed to manage the City’s newest grade A office development, 6 Queen Street. Set to complete in July 2016 and currently available for tenant fit out, the 70,000 sq ft building in the heart of the city’s business district, offers flexible office
Energy efficiency in the UK is suffering from a lack of incentives from the government, according to the latest energy survey by Tuffin Ferraby Taylor (TFT). The study found that 80% of commercial property landlords believe that a lack of incentives from the government is the primary barrier that is stopping widespread energy efficiency measures being brought in across the country’s commercial real estate. Meanwhile, another 75% stated that the existing regulatory framework is too difficult to work with, following a significant majority of respondents who say that attitudes to energy efficiency have improved over the last few years. The TFT Energy Survey 2016 is the first one to be carried out by the firm and explores the barriers in place that are preventing the delivery of a truly energy efficient real estate. The survey is primarily aimed at managers and investors and looks at a number of important issues such as whether energy efficiency has become a higher priority over the last few years. TFT partner and Head of Sustainability, Mat Lown, said that the removal of incentives from the government, along with the complex nature and scale of the various pieces of energy regulation and policy statements, this has caused an erosion of confidence in the sector that has formed a significant barrier in the implementation of efficiency measures. He added: “60% of investors can see the clear investment potential of energy efficiency projects but, to date, investment has been targeted towards the large-scale projects. We hope that with more mainstream banks beginning to provide funding, smaller-scale projects will be able to attract funding streams. ““Lack of confidence came across strongly among many respondents. The market could benefit from standardised methodology for appraising the viability of projects. Particularly among investors, knowing that the advice they were receiving is truly independent is clearly a high priority.”
The Leeds office of Lambert Smith Hampton has been appointed to manage the City’s newest grade A office development, 6 Queen Street. Set to complete in July 2016 and currently available for tenant fit out, the 70,000 sq ft building in the heart of the city’s business district, offers flexible office space with floor plates ranging from 4,359 sq ft to 14,047 sq ft, as well as a dramatic new roof terrace. LSH has been appointed to manage the building both pre-let and post occupation, including overseeing concierge, cleaning and maintenance elements, and service charges. Set over six floors, the BREEAM ‘Excellent’ rated office development was designed with a particular emphasis on sustainability and building efficiency, coupled with a grade A specification. This gives it the most efficient floorplates in the city and an occupancy ratio of 1:8sqm. 6 Queen Street also offers tenants access to a stunning 5,040 sq ft roof terrace, with views across the city skyline, in addition to an unrivalled parking ratio for any office development in Leeds with secure basement parking for 47 cars, 82 cycle spaces and 8 motorbike spaces. Katy Brindley, director of property and asset management for LSH, said: “As one of Leeds’ finest trophy assets, this appointment is as good as it gets. ”We are delighted to be on board and look forward to providing our client and future occupiers with a high quality service upon completion in July.”
