Business energy 'to become a priority for investors'

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Firms considering a purchase of new commercial property over the coming years will increasingly consider the role of business energy, it has been predicted.

Etienne Cadestin, sustainability consultant at Knight Frank, said investors will turn their attention towards green credentials and long-term viability when it comes to selecting premises.

While some currently look only for a "very quick return", this trend is likely to become less widespread as companies prioritise the needs to be eco-friendly.

One potential benefit of this is a decrease in business energy bills, as organisations put in place steps designed to reduce power consumption.

"If they want to invest in long-term investment and look at the economic benefits that they can get out of energy efficiency programmes, then it is a win-win situation," Mr Cadestin noted.

Figures released earlier this month by the Royal Institution of Chartered Surveyors showed demand for commercial property in the UK fell in the third quarter of 2010.

Posted by Richard Eden

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