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Changing times for UK Real Estate

UK Real Estate is in the early stages of some dramatic changes. The introduction of the EU Energy Performance of Buildings Directive (EPBD) from April 2008 means the emphasis is swinging towards energy performance of both new and existing commercial building stock. This is likely to have an impact for Developers, Investors and even Tenants as asset value, liquidity and rental levels may be affected for those buildings at the higher or lower end of the scale.

In addition, the introduction of a two tier Plant and Machinery regime for Capital Allowances, with reduced rates of annual writing down allowances will ultimately increase the attractiveness of Enhanced Capital Allowances for investment in the most energy or water saving technologies. Expenditure on qualifying technologies will offer significant tax advantages over less efficient counterparts while usually providing an improved asset rating under the EPBD.

EPCTA provide an unique service offering combining these two hugely important areas in the UK Real Estate Investment market for commercial property. While being capable of functioning completely separately, these two service lines do interlink and must be considered when building, purchasing, refurbishing or renting commercial buildings in the UK.

For additional information on Energy Performance Certificates or Capital Allowances please click on the appropriate link.