UKGBC, TFT and partners produce new Circular Economy guidance
Many people will be familiar with ‘the circular economy’, as the concept and terminology rises up the political and business agenda. But how can we turn thought into action in our own industry? UKGBC and TFT teamed up with stakeholders across the industry to publish new guidance to do just that.
Circular economy principles can have different implications across different industries, products or services – but The Ellen MacArthur Foundation identifies these three key traits of a successful circular model:
Design out waste and pollution
Keep products and materials in use
Regenerate natural systems
It’s hard to name an industry which is doing all these things, but as we face more strain on resources of all kinds, it’s incumbent on everyone to improve models which generate waste and pollution for sustainability.
“…the quantity of reused materials in construction has actually decreased since 1998. At the same time, the rates of extraction of materials in our fast-developing world are already way beyond planetary capacity.”
Sunand Prasad, Founder Penoyre & Prasad and Trustee of UKGBC
We face a big challenge to employ circular principles across the built environment and the supply chain which feeds it, due to the systemic change which is needed. Closer coordination is one way to achieve this.
To that end, TFT partnered with UKGBC and a range of construction industry stakeholders to formalise the steps to meet an industry-wide circularity objective.
The first output of this work is a guidance document, focusing on RIBA stages 1 & 2 (Preparation & Brief and Concept Design, respectively). Looking closely at setting a project up for circular success, the guidance provide practical steps to realise the commercial value of circular construction, from ensuring supply chain effectiveness to informing project management and mitigating risks along the way.
If you’re interested in learning how the guidance can be applied to maximise the long term value of your building project or your wider portfolio, contact Mat Lown .
The full guidance can be downloaded from UKGBC, here.
The TFT Purple Book: A guide to Dilapidations in the UK
The TFT Purple Book: A Guide to Dilapidations in the UK is a comprehensive guide which identifies the legal context, best practice, background to how and why dilapidations is dealt with as it is, and addresses areas of legal uncertainty. It aims to serve as a single point of reference from which the reader can develop a solid foundation of knowledge. It even considers cattle, children and ‘chattels-vegetable’ – and not many text books can make that boast.
TFT Scotland advises commercial property investors, owners and occupiers wishing to acquire, dispose and manage property in Scotland. Our team includes highly motivated and skilled building surveyors who provide professional advice and guidance.
The recent Dilapidations Forum Conference looked ahead to the dilapidations landscape in 2027. TFT Partner Paul Spaven and Chairman of the RICS Dilapidations Forum Steering Group summarises the issues in the December 2017/January 2018 issue of RICS Building Surveying Journal.
TFT’s paper on dilapidations ADR identifies the options available in the UK
An article by Jon Rowling, who heads TFT’s dilapidations, service charge and dispute resolutions services, identifies alternative forms of dispute resolution for dilapidations disputes in the United Kingdom. Published in the Journal of Building Survey, Appraisal & Valuation Volume 6 Number 2, it suggests that the various forms of ADR should always be considered as a preferable approach to litigation.
Lack of government incentives puts brakes on energy efficiency
80% of commercial property landlords claim a lack of government incentives is the single biggest barrier to widespread energy efficiency measures being introduced across UK commercial real estate, according to TFT, the leading property and construction consultancy, in the TFT Energy Survey 2016 published today.
With a confusing array of disconnected, individual energy regulations, a further 75% have said that the current regulatory framework is too complex to navigate. This comes even though an overwhelming majority of respondents to TFT’s first annual survey (92%) say that attitudes to energy efficiency have improved since the last recession.
Similarly, 90% are clear that energy efficiency is a higher priority in their portfolios than it was before 2008. However, only 35% of investors have introduced a formal energy management system or implemented energy efficiency improvements.
TFT Energy Survey 2016 is TFT’s first annual survey into the current barriers to delivering truly energy efficient real estate. Specifically targeting property investors and managers, it explores a range of key issues including whether energy efficiency has become a higher priority.