We recently sat down with Freddie Cowper-Coles Investment Director at Triple Point REIT, to hear more about how they have used Kamma’s energy efficiency data to get a more complete picture of their properties’ energy efficiency and understand ways in which they can upgrade their properties.
“Before you can do anything to achieve Net Zero, you need data. You need to understand what the emissions associated with your portfolio are.”
Freddie describes how they have used Kamma’s data to launch an environmental retrofit programme to reduce their portfolio’s emissions and thereby also meet their investors’ demands and keep up with new MEES regulations. He describes how they, as well as many other companies at the moment, are under a lot of pressure from their investors demanding actions to be taken to reach Net Zero.
“It’s reached the point now, if you do not achieve high levels of energy efficiency across portfolio, if you cannot demonstrate that you’re doing a lot to achieve Net Zero, then you will be penalised by your investors.“
As we know, last year the government passed the first reading of the Minimum Energy Efficiency of Buildings Bill that, once passed into law, will affect everyone in the mortgage value chain, including REITs. Freddie continues to discuss the importance of data and reporting when it comes to energy efficiency. Since using Kamma, they have been able to report on their energy efficiency performance to their Boards with ease and establish a credible Net Zero strategy which they can use to attract new investors.
“Working with Kamma has been a delight. They have delivered really high quality information to us at high speed.”
At Kamma we know how important it is for you to have the most up to date information at your fingertips. This report will cut through the noise and give you the most recent regulatory changes. Each month, we give you a full rundown of the latest scheme announcements and property licensing news in the […]Read more
Fines for agents and landlords in Greater London have totalled more than £1.5 million in the last 12 months, as part of a wider pattern of increased enforcement of complex Private Rented Sector regulations. With increasing headlines on the subject of Rent Repayment Orders, a heavier focus on Minimum Energy Efficiency Standards, and with more […]Read more
Total fines for letting agents and landlords in the Greater London area have increased from £6,502,932 in August 2021 to £8,010,344 at the start of this month Around 20% of all fines have been recorded in the last 12 months, suggesting a major post-pandemic increase in enforcement from London’s Local Authorities Rent Repayment Orders, an […]Read more
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