Last month, the Royal Institution of Chartered Surveyors (RICS), The Building Societies Association (BSA) and UK Finance agreed a new industry-wide valuation process for buildings more than six storeys high.
That is because following its recent consultation, the government has announced that it will soon become unlawful to continue to let a non-domestic property with an EPC rating below B, a move that the government estimates could cost approximately £5bn between now and 2030.
With climate change very much in the public eye, and the steady rise of electric car usage, the Government are considering the wider impact on infrastructure and property development. It has recently launched two public consultations.
The value of the UK’s data economy is over £70 billion and this is only set to increase. Digital Realty’s “The Data Economy Report 2018” estimates that there is a further £50 billion of untapped potential in this part of the UK economy.