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Sustainable refurbishment: the potential of the legacy stock in the UK commercial real estate sector

Sustainable refurbishment: the potential of the legacy stock in the UK commercial real estate sector Purpose – The purpose of this paper is to show three principal aims – to highlight the gap in the international energy efficiency and carbon emission targets in relation to existing commercial real estate; to examine the contribution that such legacy stock could make to the various targets; and to provide commentary on some of the measures that are being introduced to support sustainable refurbishment in the legacy stock. Design/methodology/approach – The paper critically reviews recent academic, policy and practitioner publications. Findings – The international sustainability agenda is being driven through via a “top‐down” approach. Targets are largely concentrated on new‐build provision and there is a limited focus on existing stock. The annual rate of replacement of commercial sector stock is minimal. Unless the existing commercial stock is addressed in a meaningful way, other measures used to address anthropogenic climate change will be undermined. Originality/value – The paper offers an applied examination of the potential of the existing stock of commercial real estate to contribute toward achieving targeted energy efficiency and carbon dioxide reduction targets. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Structural Survey Emerald Publishing

Sustainable refurbishment: the potential of the legacy stock in the UK commercial real estate sector

Structural Survey , Volume 27 (4): 13 – Aug 27, 2009

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References (20)

Publisher
Emerald Publishing
Copyright
Copyright © 2009 Emerald Group Publishing Limited. All rights reserved.
ISSN
0263-080X
DOI
10.1108/02630800910985072
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to show three principal aims – to highlight the gap in the international energy efficiency and carbon emission targets in relation to existing commercial real estate; to examine the contribution that such legacy stock could make to the various targets; and to provide commentary on some of the measures that are being introduced to support sustainable refurbishment in the legacy stock. Design/methodology/approach – The paper critically reviews recent academic, policy and practitioner publications. Findings – The international sustainability agenda is being driven through via a “top‐down” approach. Targets are largely concentrated on new‐build provision and there is a limited focus on existing stock. The annual rate of replacement of commercial sector stock is minimal. Unless the existing commercial stock is addressed in a meaningful way, other measures used to address anthropogenic climate change will be undermined. Originality/value – The paper offers an applied examination of the potential of the existing stock of commercial real estate to contribute toward achieving targeted energy efficiency and carbon dioxide reduction targets.

Journal

Structural SurveyEmerald Publishing

Published: Aug 27, 2009

Keywords: Sustainable development; Real estate; United Kingdom

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