Landlords in Europe must beef up their annual 1-2% rate of office refurbishments to about 5% very soon to meet carbon reduction targets, Bill Page, head of EMEA offices research at Jones Lang LaSalle, told PropertyEU at Expo Real. Even in the City of London - one of the most advanced markets in Europe - the annual refurbishment rate currently stands at only 2.7-2.8%. This part of PropertyEU's website is a subscription-only service. At this moment you don't have access to this article. Subscribers can read the full article by clicking a link from our newsletter. |