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The Low Carbon Economy Ltd

31 Dec 2010 09:12:00

Northern markets 'may not support green builds'

Northern markets 'may not support green builds'
Members of the building industry have warned the government's target for zero carbon commercial buildings could present issues in northern regions of England.

Housing minister Grant Shapps announced recently that a framework, similar to that used to allow all new homes to be zero carbon by 2016, will be laid out to allow business properties to be carbon free from 2019.

The move was welcomed by the UK Green Building Council, which said the industry is prepared for the challenge and just needs the policy initiatives to be able to implement it.

However, speaking to nebusiness.co.uk, Peter Broome of Middlesbrough’s Python Properties, warned there are concerns about the scheme being commercially viable in some regions.

"The problem, particularly in the north-east, is increased costs from green builds. In the south-east, rent levels on commercial buildings can generate a much better return," Mr Broome said.

He added that he believes "the market won't stand the extra costs" of much more work being carried out on office builds.  ADNFCR-1235-ID-800318557-ADNFCR

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