Property investors boosting sustainability budgets due to tenant pressure, survey finds

edie recently reported that the average British property investor has increased budgets for environmental sustainability improvements by 20% year-on-year, as business and domestic tenants alike demand lower-carbon buildings.

This is a headline finding of new research from Handelsbanken, which surveyed 200 property investors across the country. 

 

More than nine in ten (92%) of those polled said that multiple tenants have asked for information on interventions that can cut emissions, such as heat pumps, onsite solar panels and electric vehicle (EV) charging points. Demand for these technologies was found to be highest in North East England and North West England.

Additionally, three in five said most of their tenants are only seeking properties with an Energy Performance Certificate (EPC) rating of ‘C’ or higher. Energy efficiency is a more pressing concern for tenants in London. Handelsbanken stipulates that this is because they are seeking to keep their costs low, with the capital more acutely affected by rising bills.

To read Sarah George’s article in full click here