Dan brooks dowsett trident bc green prop tech lcbb 27 june 2017

1. Daniel Brooks-Dowsett MRICS, Director
Trident Building Consultancy Ltd
27 June 2017
Green PropTech

2. • Introduction
• Energy Performance Certificates - Overview
• Minimum Energy Efficiency Standards - Overview
• Potential Impact of Minimum Energy Efficiency
Standards
• Plan of Action for Clients
• PropTech in Surveying
• Kykloud
Contents

3. Trident in numbers
Introduction

4. Energy Performance Certificates (Non Domestic)

5. Minimum Energy Efficiency Standards (Non Domestic)

6. Minimum Energy Efficiency Standards (Non Domestic)
• 1st April 2018 – Cannot re-let a commercial property with an F or G rating.
• 1st April 2023 – Cannot continue to let a commercial property with an F or G
rating.
• Exemptions:-
• Some Listed buildings.
• Places of Worship.
• Temporary buildings (two years or less).
• Recommended works are undertaken and property remains at an F or G
rating.
• Energy efficiency improvements must have a maximum pay back period of 7
years or less.
• Temporary exemption (5 years) if the improvement works will devalue the
property by more than 5%.
• Insulation of some solid walls.

7. Minimum Energy Efficiency Standards (Non Domestic)
Enforcement by Local Authorities:-
• Compliance Notice served upon Landlord (might be the
Tenant).
• Financial penalties of up to £150,000.00 or 20% of the
Rateable Value of the property.
• Penalties for false or misleading information on the Exemption
Register.
• Publication of Landlord’s breach on the EPC Register – named
and shamed.
• Timescale for remedy of breach.

8. Potential Impact of Minimum Energy Efficiency Standards

9. Potential Impact of Minimum Energy Efficiency Standards
406 8,094
54,131
185,027
210,593
115,255
54,572
65,501
0
50,000
100,000
150,000
200,000
250,000
A+ A B C D E F G
• 17% F or G Rated
• 17% E Rated
• RICS estimate 20% of
existing buildings will be F
or G
* Govt. Statistics – EPC Register 2008-2017
EPC Rating

10. Potential Impact of Minimum Energy Efficiency Standards
• Positive impact – forced improvement of sub standard property.
• Tenant’s bargaining tool.
• Supersession of Tenant’s dilapidations liability.
• Addition of EPC/MEES related Lease Clauses.
• Tenant’s alterations.
• Enhanced due diligence by prospective purchasers and Tenants.
• Possible concerns by lenders.
• Likely impact upon property valuation.
• Update EPC’s that are 9 years old.
• Exemption advice – payback period evidence.
• MEES must become part of planned maintenance – future proof against rising
thresholds.

11. Plan of Action for Clients
• Purchasers – enhanced due diligence (Tenant’s and
Investors).
• Landlords – Portfolio wide EPC Risk Assessment (2018
and 2023).
• Specialist reports by qualified Energy Assessors.
• Incorporate energy performance into planned
preventative maintenance including refurbishment –
future proof.

12. PropTech in Surveying
“The use of technology to solve problems in the property
industry”.
Disruptors – using advanced technology to do something in
a different way. Do something better, more efficiently. Not
just a gimmick.

13. Surveying and construction disruptors
Higher definition surveying
Building Information Modelling
Digital collaboration and mobility
The Internet of things, Advanced
Analytics, AI, VR
Future design and construction
PropTech in Surveying

14. • Steve Sasson invented the digital camera
• Kodak senior management thought:
• It was too big
• Had poor image quality
• Printing required PC skills
• Could be a major threat
• Feared it would cannibalise existing business
• Responded “don’t tell anyone about it.”
Disruption
PropTech in Surveying

15. The Role of Building Surveyors in Asset Management
Kykoud

16. The Role of Building Surveyors in Asset Management
Kykoud

17. Conclusion
• How does the use of PropTech link in with sustainability?
• High quality data and information on existing buildings.
• Carefully informed decision making during asset management
processes.
• Energy efficiency measures are already in place at
construction stage (e.g. – Part L, BREEAM).
• Ongoing energy performance must now be incorporated into
planned maintenance.

18. Trident Building Consultancy
London City 8 Angel Court, London EC2R 7HP.
T: 020 7280 8181 E: info@tridentbc.com
Birmingham, Cavendish House, 39-41 Waterloo Street, Birmingham
B2 5PP. T: 0121 222 6888 E: birmingham@tridentbc.com
Bristol Castlemead, Lower Castle Street, Bristol BS1 3AG.
T: 0117 321 3180 E: bristol@tridentbc.com
Cambridge Jura House, Great Chesterford Court, Great Chesterford,
Nr Cambridge, CB10 1PF. T: 0122 363 6010 E: cambridge@tridentbc.com
Edinburgh 1st Floor, Hobart House, 80 Hanover Street, Edinburgh
EH2 1EL. T: 0131 341 1777 E: edinburgh@tridentbc.com
Glasgow Queen’s House, 19 St. Vincent Place, Glasgow G1 2DT.
T: 0141 229 4525 E: glasgow@tridentbc.com
Leeds Carlton Tower, St Pauls Street, Leeds LS1 2QB.
T: 0113 336 5400 E: leeds@tridentbc.com
Liverpool Castle Chambers, 43 Castle Street, Liverpool L2 9SH.
T: 0151 515 2002 E: liverpool@tridentbc.com
London West End 7-8 Stratford Place, London W1C 1AY.
T: 020 3595 5499 E: westend@tridentbc.com
Manchester Centurion House, 129 Deansgate, Manchester M3 3WR.
T: 0161 885 2170 E: manchester@tridentbc.com
Dublin Pembroke House, 28-32 Pembroke Street, Upper Dublin D02
T: 00 353 (0) 402 33628 E: dublin@tridentbc.com