Geophy

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EPC labels will cost office owners over € 1B more then forecast (Dutch FT)

Teun van den Dries

Office buildings will need to meet new minimum standards for energy efficiency from 2023 onwards, with an energy performance certificate at level C as the baseline. GeoPhy research indicates that a significant part of the total stock (estimated at 10M sqm) of offices will become stranded assets, unable to attract tenants and without a viable business case for renovations. Link to article (in Dutch)

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