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Those seeking offices to let in Edinburgh may wish to consider environmental standards15th September 2010

Business people looking for offices to let in Edinburgh might wish to consider recently-issued guidelines on carbon emissions.

The Institutional Investors Group on Climate Change (IIGCC) released the report yesterday (September 14th) in order to help investors understand how environmental considerations may affect their property portfolios.

Paul McNamara, head of the IIGCC Property Working Group, said: "The belief is growing that buildings with higher environmental standards will provide higher net income growth, be seen as lower risk and thus deliver higher returns going forward."

He expressed his hope that the guidelines will help people navigate the "baffling" array of environmental terms and standards, as well as encourage a move to a common set of measures.

Eric Linden, associate director at CB Richard Ellis, added individuals need simple metrics in order to understand the environmental impact of their portfolio.

Those seeking serviced offices may also wish to heed the advice of Euan Murray, general manager of the Carbon Trust Footprinting Company, who remarked last month on the large number of firms investing in products that use less energy.
 

 

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