An interesting article by Savills recently reported on the demand from both occupiers and investors of industrial & logistics real estate to be continuously shifting. They recognise the ‘notable pursuit for best in class buildings’, whether that be due to market trends, planning requirements, legislation – or indeed all three – there is a growing desire for Grade A+ units and space that goes above and beyond conventional prime stock.
While there is no tangible definition, it can mean a variety of different things, depending on a myriad of variables including size, occupier type and location. One of the largest components is ESG. The new energy efficiency legislation which was introduced in 2016 played an important role in driving demand for ESG compliant units.
To find out more about ESG compliance, the cost benefits these buildings offer and what the future holds in terms of sustainability requirements – please read Savills full blog here >>
As leading commercial property investors and landlords, Towngate takes sustainability seriously and recognises the benefits it offers both environmentally and for the clients that occupy its buildings. Across our portfolio of properties, we have integrated solar panel installations, electric car charging and high BREEAM ratings.
Our latest industrial development of six new warehouse units to rent near Manchester – ranging from 5,450 – 10,745 sq ft – ensures a decrease in CO2 emissions over the standard building regulations recommended. As a result of our investments, occupational costs to the end user will be reduced.
Green Credentials of the Industrial Properties Include:
