Walking the talk

Article by Andrew Szyman

The Climate Change Capital Property Fund has been mentioned for its focus on energy efficiency measures on sustainable buildings.

Sustainable property investment has attracted considerable debate but what are fund managers doing on the ground?

.....'Yet unravelling that complicated matter called a building's electricity supplies and distribution was a clear winner for UK-based Climate Change Capital's property fund. With its specific focus on energy efficiencies in existing commercial lets, and its strategy for comprehensive pre-acquisition sustainability checks and gap analyses, the fund was able to demonstrate real material financial benefit to both the occupier and investors on one of its assets by identifying problems with meter calibration, sub-metering functionality, and most importantly addressing a control strategy that had operated contrary to building design criteria. By doing so, not only did it reduce electricity consumption, cost and associated carbon emissions, it realised significant savings in utility cost refunds, gained a delighted tenant, and future-proofed its asset'.

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Walking the talk