Stranded Assets occur across all sectors of the built environment, but what are they and what can be done about them? In this exclusive Barbour ABI report written by industry commentator Brian Green, we look at the need to decarbonise and how it will influence stranded asset levels. Featuring insights from experts across Savills UK, Arup, Willmott Dixon, Centre for Cities and the Bartlett Real Estate Institute at UCL, the report questions what more can businesses within the built environment do to combat this growing issue.
- Drivers causing stranded assets have been at play for some time prior to the accelerator of the COVID-19 pandemic
- Regulatory change and increasingly environmentally aware tenants threaten to take buildings out of use
- Levels of awareness of the extent of the issue appear to be inconsistent across the industry.
- Savills estimates almost 75% of major UK office stock falls below EPC Band B
To download the full report please fill out the form below.