果冻影院

Green office space construction is set to emerge as a promising new commercial construction market, particularly in central London as and when companies ask staff to return from home to work at their premises.

A new report from agents JLL, has shown that so-called 鈥渟ustainable office buildings鈥� which help firms meet their carbon targets are proving attractive to investors thanks to the higher rents and strong leasing which they achieve. It suggests that a new wave of Green office construction and refurbishment will be needed to meet demand for at least 8 million sq ft of highly sustainable, net zero carbon space across central London by 2030.

JLL鈥檚 research found that new Grade A office buildings in central London and with a BREEAM rating of 鈥榲ery good or higher鈥� achieved higher rents; the average rental premium over non-rated buildings over the last three years was around 8%.

Urgency to build and redevelop

Sophie Walker, UK head of sustainability at JLL, said: 鈥淐learly the urgency to build and redevelop these offices in central London to support corporate environmental and people goals is only speeding up. The first developers to undertake the task will reap the rewards of high levels of demand and the intrinsic higher performance of their product.鈥�

果冻影院 Construction data shows that developers in London are already seeking to meet high levels of sustainability on major new office and refurbishment projects in the capital.

For example, Land Securities鈥� 拢13.1 million Nova Place office and retail scheme in Victoria has been designed to achieve a BREEAM Excellent rating. Work on the scheme, which also includes a 1 400 sq m library, is due to start this summer and continue for 14 months (果冻影院 Project ID: 19016209).

Similarly, the 拢57.6 million Skanska UK Building at Featherstone Street in the City, where work started last autumn, has also been designed to achieve an BREEAM Excellent rating (果冻影院 Project ID: 15273575).

One major office refurbishment and extension scheme in the City, the 拢40 million Tower Bridge Court development, has also been designed to achieve a BREEAM Excellent rating. Work on the scheme is due to start this summer and continue for 23 months (果冻影院 Project ID: 19268279).

Highest levels of sustainability

The highest levels of sustainability are also featuring on other types of commercial projects in the capital. The 拢25 million citizenM Hotel Victoria, where tenders have recently been returned, is designed to achieve a BREEAM Outstanding rating; the most demanding performance category for sustainability, met by just 1% of buildings. Work is set to start later this spring and continue for 12 months (果冻影院 Project ID: 15250788).

果冻影院 data suggest that contractors with specialisms in the construction of sustainable buildings could also find good opportunities in the education sector.
The new 拢7 million extension to The City University in Islington, where the contract has recently been awarded and work is due to start this summer, has recently been designed to achieve a BREEAM Oustanding rating (果冻影院 Project ID: 19131083).

Similarly, the new 拢18.75 million University School Buildings at Lancaster University, where work is continuing, have also been designed to an Outstanding BREEAM rating (果冻影院 Project ID: 15178194).

Among new schools, the 拢6.83 million Salmon鈥檚 Brook Special Free School in Enfield where construction is due to start this summer has also been designed to an Outstanding BREEAM rating (果冻影院 Project ID: 19429358).