£700 Billion of Commercial Property Could Be ‘Unusable’ by 2027
- karensmarsh
- Aug 14
- 1 min read
In a stark warning, Uba Ngenegbo of RG Law highlights a major regulatory shake-up looming for the UK’s commercial property sector.
Knight Frank research reveals that a staggering 70% of commercial floor space in England and Wales currently holds an EPC rating of C or below, leaving approximately £700 billion worth of properties at risk of becoming unsaleable or unlettable under new energy efficiency regulations.
Why Commercial Property Could be Unusable by 2027
These regulations mandate that by 2027, all lodged EPCs must reach a minimum rating of C, and by 2030, B—a push aligned with the UK’s Net Zero by 2050 objectives. If landlords do not meet these regulations, the commercial properties could be unusable by 2027.
What will be the cost to Commercial landlords? If you'd like to explore the full article, you can read it here: [Full article link].
Comments