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infinite spacecreators of white-label, technology-enabled flexible workspaces, and instant groupthe world’s largest market for flexible workspace solutions, commissioned independent market research firm Censuswide to survey 250 commercial landlords with offices in the UK about their existing sustainability practices.
The study reveals which energy-saving measures are most widely used and which landlords will prioritize them in the coming years as ambitions for the net-zero sector of commercial real estate gain increasing attention. made it
Setting waste management targets is the most common measure already in place, with nearly a third (31%) of landlords already doing so across their portfolio. A further 64% plan to set goals in the future, making this the most attractive long-term move as well.
Flex spaces and thermal efficiency measures (other than double glazing) are in second place, with a quarter (25%) of homeowners already implementing these.
Landlords are increasingly interested in flexible workspaces, with 67% planning to introduce a flex space element in the future. This comes as the pandemic and high inflation have accelerated this trend, increasing demand for flexible workspaces globally. The value of the global flexible workspace market, from his $33.23 billion in 2020, $73.03 billion By 2026.
Meanwhile, less than a quarter of homeowners currently have high-efficiency/LED lighting (23%), sensor/timer-controlled lighting (23%) and double-glazed windows (24%), making these the most installed. This is one of the measures that have not been taken.
Rising energy prices across the UK have played a key role in accelerating demand for these measures, with 55% of landlords agreeing they are motivating them to improve the energy efficiency of their buildings. . Meanwhile, the British government is also under pressure from the outside, Minimum EPC E rating as of April 2023.
More than 90% of landlords plan to adopt measures over the long term, demonstrating their long-term commitment to sustainability and energy efficiency. However, double glazing lags significantly behind other glazing, with only 58% of landlords planning to change in the future.
Here is a complete list of energy efficient measures landlords have and plan to implement:
- 31% of landlords have already set waste management goals and 64% have plans (95% overall)
- 25% of landlords have already implemented thermal efficiency measures other than double glazing and 67% plan to do so (92% of the total)
- 25% have already converted some traditional workspaces to flex spaces and 66% are planning to (91% overall)
- 23% of landlords have already installed sensor-controlled/time-controlled lighting and 64% plan to do so (87% of the total)
- 23% of landlords have already installed LED/high-efficiency lighting, and 74% plan to do so (97% of the total)
- 24% of landlords already have double glazing and 58% plan to in the future (82% of the total)
InfinitSpace CEO Wybo Wijnbergen said: “From infrastructure upgrades to policy goals, it is very encouraging that the majority of landlords are planning and many are already taking steps to increase the efficiency of their buildings. With energy costs still high and regulatory pressures mounting, these changes will help businesses continue to succeed, not to mention meeting ambitious sustainability and net-zero targets. It represents a great step in the right direction for this sector.
“It is also very encouraging that Flex Space is being widely appealed not only as a commercial opportunity, but also as a way to maximize space efficiency and provide a green edge. It seems expensive and upfront, but landlords need to remember that they don’t have to go it alone: operators of flex spaces will have the energy efficiency much needed in this study. We can oversee the implementation of new measures and streamline sustainability challenges.”
Sam Pickering, Executive Director of Sustainability at Insendium (part of the Instant Group) said:: “It is positive to see the steps landlords are taking to improve the energy efficiency of their office stock. There are several factors: Tenants are increasingly looking at how their office space fits into their overall net-zero plans and goals.Without these significant upgrades, sustainable From a flexible portfolio strategy standpoint, we are stuck in a scenario where office space becomes obsolete and unusable.Progress is definitely on the right track, helping landlords to make flexible workspaces more energy efficient. It is encouraging that we recognize the important role that can be played and that we are working to introduce further measures.”