Property Week – Collaboration key in Decarbonisation

This week John Macdonald-Brown wrote to Property Week, urging for stronger action to make renting commercial property easier and cheaper.

Leases need to be adapted to help commercial real estate owners and occupiers navigate the complex path to net zero and allow renewable energy projects to progress, as while many occupiers want to decarbonise their businesses, they are often reluctant – or unable – to allocate capital to non-core projects on assets they do not own, as the payback period may outstrip the unexpired lease term.

So, if we want to build a more sustainable future we need to update our thinking around leases to encourage greater buy-in into green tech and enable it to become more mainstream in the market.

Collaboration key in decarbonisation | Insight | Property Week