Property Giants in Carbon Call; Government Must Tackle Emissions in Existing Commercial Buildings, Says Powerful Group

Daily Post (Liverpool, England), December 15, 2009 | Go to article overview

Property Giants in Carbon Call; Government Must Tackle Emissions in Existing Commercial Buildings, Says Powerful Group


SOME of the biggest commercial property owners in the UK are calling on the Gover nment to target existing buildings in its drive to slash carbon emissions.

The group, which includes one of Merseyside's biggest property owners - Land Securities - claims the UK r uns the risk of missing its carbon reduction targets if it doesn't tackle the issue.

The firms - which also include British Land, Hammerson, Hermes, Legal and General, Prupim and SEGRO, who own and manage the country's biggest shopping centres and offices - want to see display energy certificates (DECs), which clearly show the performance of buildings when in use, made mandatory for all buildings.

Land Securities owns Liverpool's St John's and Clayton Square shopping centres, while British Land owns the New Mersey Retail Park.

Land Securities is due to start work by 2013 on a pounds 100m revamp of St John's. The company has pledged the development will be as sustainable as possible.

Dave Farebrother, environmental director at the company, which has recently announced it will voluntarily introduce DECs across its London portfolio, said: "At Land Securities, we are finding a high degree of willingness among our clients to engage on matters of energy efficiency, and, as existing buildings for m the larger part of the ongoing carbon problem, the quickest, cheapest and biggest wins for the sector come from changing attitudes and behaviours. …

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Property Giants in Carbon Call; Government Must Tackle Emissions in Existing Commercial Buildings, Says Powerful Group
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