Case Study

Moor House

London

GreenFiT

CLIENT
Deka

CLIENT INDUSTRY
Offices

SERVICES PROVIDED
GreenFiT

LOCATION
London

DIVISION INVOLVED
Building & Project Consultancy
Engineering & Design Consultancy
Savills Earth

DATE
Ongoing

CHALLENGE
The landlord wanted to future-proof this building, originally developed in 2008, to a Grade A office specification, in order to maintain its value and continue to attract tenants.

SOLUTION
We carried out a net zero pathway and EPC analysis of the building to plan interventions, which would enhance the asset and align with both the tenants’ and market requirements. Due to the age of the building and adjacent new City developments, we produced a ‘future-proofing’ concept for the building, combining technical and commercial recommendations. This was focused on a ‘value defence’ approach with the aim of retaining existing and attracting new tenants. We are currently delivering project management and engineering design services for a £15m phased central plant replacement over 2 years.

RESULTS
Our team is successfully managing the delivery of a complex multidisciplinary instruction of varying interlinking services to meet the client’s objectives. As a result of the project work, the EPC rating is expected to improve from an E to a B, delivering a 40% reduction in energy. The existing tenants are currently in negotiations to re-gear leases as part of the enhanced letting strategy.

Related Services

Consultancy

Building & Project Consultancy

Our building and project consultancy service provides bespoke specialist solutions that can be applied across all technical aspects of acquisitions, development, ownership, occupation and disposal of property assets.

Consultancy

Business Rates

Business rates are a tax on the occupation, or the right to occupy non-domestic property in the UK. Savills rating team can manage and mitigate this cost for clients, and has been doing so for over 100 years.

Investment

Central London Investment

Ever since its introduction in 2011, the CIL assessment has had a major bearing on the cost of development. Our job is to ensure that every client understands all implications – and that clients pay the correct amount of CIL.

Property Management

Commercial Property Management

Our specialist teams manage property in all commercial sectors covering retail, business space, leisure and industrial. Working all over the UK, we make sure we cover all bases, whether that’s day-to-day maintenance, financial reporting, staff employment, or marketing strategies.

Valuation

Commercial Valuation

Our team provides valuation services with a primary focus on the main commercial sectors, covering offices, retail and industrial, for a variety of purposes and clients.

Investment

Investment

With specialists working across all property sectors, we are able to advise all types of client on investment opportunities in all corners of the globe.

Occupier Services

Global Occupier Services

The entire focus of our global team is to advise clients who occupy property, but who are not in the property business.

Investment

Operational Capital Markets

Savills operational capital markets division is the largest and most proficient team in the market, advising clients in the PRS/ multifamily, student accommodation, senior living and healthcare sectors across the UK and Europe.

Valuation

Recoveries & Receivership

Our recoveries and receivership experts work directly with lenders who anticipate or have defaulted loans. During such sensitive situations, our experienced and qualified specialists can take control of the property, take LPA receivership appointments and ultimately manage and execute a sale.

Consultancy

Workplace Strategy & Design

Operating globally from our base in London, our award-winning interior architectural practice specialises in full service interior architecture and design, development advisory, and workplace strategy for occupiers.