Global Real Estate Investment Manager 1

Development of a series of ‘net zero carbon’ pathways using our Aim for Zero service.

One of the largest property development and investment companies in the UK with £18.9bn of assets under management.

Objective

Strategic support with group energy management challenges.

Process

  • 2020 energy target setting and associated portfolio analysis.
  • Outsourced compliance with Carbon Reduction Commitment and ESOS.
  • Detailed post occupancy evaluation.
  • Identification and procurement of AMR solution for retail and smaller office portfolios.

Outcome

  • Set target of 55% reduction in landlord energy across the portfolio by 2020.
  • 20% reduction in energy at one location, following Post Occupancy Evaluation.
Verco have advised us on a range of energy and carbon related issues. Initially, they were selected to advise on our preparation for the Carbon Reduction Commitment. All staff involved in the work agree that the Verco team did a superb professional job; their ability to bring both skilled engineering (energy) and experienced financial modelling knowledge to assist us was extremely beneficial. Subsequently, we have retained them on an ongoing basis to advise on CRC and appointed them as consultants on a number of other projects. I am consistently impressed by their level of knowledge in the energy and carbon world, and the professional approach they bring to their interactions with us.