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CLIENT INDUSTRY
Real Estate
SERVICES PROVIDED
Net Zero Audit
EPC modelling
LOCATION
Milton Keynes
DIVISION INVOLVED
Building & Project Consultancy
Engineering Design Consultancy
Savills Earth
Business Space Investment
DATE
May 2023
CHALLENGE
The tenant’s lease was due to expire in 2025 and the client was keen to both retain the tenant and maintain value on this 31,000 sq ft office building, constructed in 1989. Our client wanted to understand how they could keep the building competitive in the leasing market and ensure the building continues to performs at a good specification. To understand this the client needed to be informed of the technical performance of the building and where improvements and specification upgrades would be recommended.
SOLUTION
We produced a Net Zero Carbon Audit report to provide them insight into the EPC improvement potential and associated costs, the current carbon performance and reduction potential along with advice on engineering plant replacement works, building upgrades, refurbishments, and the like.
RESULTS
Our team successfully managed the delivery of a complex multidisciplinary instruction of varying interlinking services to meet the client’s objectives. The EPC rating was improved from a D to a C on the new baseline certificate, along with us giving various interventions to improve this further to an A rating. This was presented to the tenant as part of the current new lease negotiations, both creating a more efficient office building and increasing return on investment for the client.