London office building energy storage project

What is London's energy Leap project?

Energy Leap - in his vision, A City for all Londoners, the Mayor committed to developing new and innovative approaches to energy efficiency, starting with a trial of net-zero energy retrofitting of homes. The Mayor allocated £450,000 capital funding for the Energy Leap Project which will match fund up to ten zero energy retrofit projects.

Why are London office leases becoming more sustainable?

Net zero commitments, and the need to attract and retain talent, are driving occupiers to more sustainable buildings. More than 40% of London office leases in 2023 so far are for EPC A or B rated buildings.

Are London office leases becoming more efficient?

Our analysis of the past five years of London office leasing data, from 2018 to 2023 (YTD), demonstrates the shift towards more efficient buildings. The proportion of London office leases with an EPC rating of C or above has risen from half in 2018 to almost three-quarters in 2023 thus far.

What percentage of London office leases are EPC rated?

The proportion of London office leases with an EPC rating of C or above has risen from half in 2018 to almost three-quarters in 2023 thus far. More than 40% of London office leases in 2023 (YTD) have been for EPC-rated A or B buildings, up from 21% in 2018 and 37% in 2022.