One in 10 London offices are at risk of becoming ‘obsolete’ under new energy rules

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One in 10 London offices are at risk of becoming ‘obsolete’ under new energy rules
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About 10% of London offices are at risk of not being used as new rules on energy efficiency are implemented.

Analysis showed that around 20 million square feet of London workspace, representing almost 10% of the total stock, are not compliant with upcoming energy efficiency rules.

LONDON — About 10% of London offices could soon become unusable when new rules on energy efficiency are implemented, according to analysis from a leading real estate company. In this context, analysis published last week by Colliers showed that around 20 million square feet of London workspace, representing almost 10% of the total stock, are not compliant with these rules.

Offices that do not comply with the energy efficiency rules are at risk of becoming "obsolete," he added.co-head of West End leasing at Colliers

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