High % of office stock with EPC rating of B or higher
Low % of office stock with EPC rating of B or higher
High % of office stock with EPC rating of E or lower
Low % of office stock with EPC rating of E or lower
Asset Risk
Market Risk
Specification Risk
White Elephant Risk
Good value uplift outlook but potential for competition from high proportion of other retrofitted assets
Good value uplift outlook but beware damage to micro-location if neighbouring assets are stranded
Lower land values might not support highest specification retrofit, potentially limiting uplift and/or demand
Risk that retrofitted asset may be stranded among obsolete neighbours