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UK's Faulty Towers are a ticking investment timebomb

By: Language: English Publication details: 2006Subject(s): Online resources: Summary: Highlights new research by Gensler that investigated the impact of Britain's high level of environmentally unfriendly commercial buildings on the UK's investment portfolios. The report, "Faulty Towers: is the British office sustainable?", found that 75% of property developers believe impending legislation to grade energy efficiency (in response to EU energy performance of buildings directive) will have a negative impact on the value and transferability of inefficient buildings when certification is required from 2007. Stresses the need for property developers and the construction industry to take notice of the demand among businesses for more energy-efficient, greener buildings.
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Online material Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 134483-1001

Highlights new research by Gensler that investigated the impact of Britain's high level of environmentally unfriendly commercial buildings on the UK's investment portfolios. The report, "Faulty Towers: is the British office sustainable?", found that 75% of property developers believe impending legislation to grade energy efficiency (in response to EU energy performance of buildings directive) will have a negative impact on the value and transferability of inefficient buildings when certification is required from 2007. Stresses the need for property developers and the construction industry to take notice of the demand among businesses for more energy-efficient, greener buildings.