British Land received its first ever Chartered Institution of Building Services Engineers Test of Time Award

British Land received its first ever Chartered Institution of Building Services Engineers Test of Time Award

 

London, 2017-Feb-09 — /EPR Retail News/ — Last night (08 FEB 2017), British Land picked up the first ever Chartered Institution of Building Services Engineers (CIBSE) Test of Time Award. This recognised energy reductions and building performance across our entire portfolio.

John Field, President of CIBSE, said: “We have seen a range of extraordinary achievements over the last ten years at these Awards, but a building can only truly be said to be high performing if it is able to achieve great results consistently over its lifetime. To reach that goal requires constant innovation, intense commitment and an organisational approach to building performance over a number of years – something that has clearly been demonstrated by the British Land team since their first win in 2012. Not only are their results stunning, but their approach has truly benefitted the industry by providing help, advice and inspiration to others looking to become more sustainable.”

Lucinda Bell, Chief Financial Officer at British Land, commented: “We’re delighted to have won the CIBSE Test of Time Award. Our energy efficiency programme has saved occupiers £13m over four years, at the same time as optimising lighting levels, air quality and temperatures for the wellbeing of people in our buildings. Thanks to our team and property management partner Broadgate Estates for helping us create Places People Prefer.”

Read Matt Webster’s blog on Standing the Test of Time

Notes to Editors

About British Land
We are one of Europe’s largest publicly listed real estate companies. We own, manage, develop and finance a portfolio of high quality UK commercial property, focused on Retail and London Offices and Residential. We own or manage total assets of £19.0 billion (British Land share is £13.9 billion) as valued at 30 September 2016. Our properties are home to over 1,200 different organisations ranging from international brands to local start-ups.

We own or manage total assets of £19.0 billion (British Land share is £13.9 billion) as valued at 30 September 2016. Our properties are home to over 1,200 different organisations ranging from international brands to local start-ups.

Our strategy is to create Places People Prefer. It is based on long term trends and creates a portfolio suited to current and future needs which are aligned to modern lifestyles. We employ our placemaking skills, and increasingly our mixed-use expertise to expand the appeal to a broader range of occupiers and drive long term performance.

Retail accounts for 49% of our portfolio. We create outstanding places for modern consumer lifestyles, places to shop, eat and be entertained. Comprising over 20 million sq ft of Retail and Leisure space across regional and local multi-let destinations, superstores, department stores and leisure assets, the Retail portfolio is modern, flexible and adaptable to a wide range of formats.

Office and Residential accounts for 49% of our portfolio. It comprises 7.6 million sq ft of well-connected office-led campuses and ‘campus-lite’ clusters of high quality buildings. Office campuses include Regent’s Place and Paddington Central in the West End and Broadgate (50% share) in the City. Other assets include The Leadenhall Building, York House, 10 Portman Square and Marble Arch House and our residential assets are at Clarges Mayfair, The Hempel Collection and Aldgate Place.

Two per cent of our portfolio is at Canada Water – a 46 acre redevelopment opportunity in our medium term pipeline to create a new mixed-use urban centre for London.

Sustainability is embedded throughout our business. Our places become part of their local communities and promote health, improve productivity and increase enjoyment. We protect asset value and generate income from energy generation and efficiency, materials innovation and flood risk reduction, and develop skills and opportunities to help local people and businesses grow.

In April 2016 British Land received the Queen’s Award for Enterprise: Sustainable Development, the UK’s highest accolade for business success for economic, social and environmental benefits achievements over the last five years.

Further details can be found on the British Land website at www.britishland.com.

Media Enquiries:
Pip Wood
British Land
020 7467 2838

Source British Land

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