In June 2009 a Guide was published for landlords and tenants as
to the potential impact of the Carbon Reduction Commitment
proposals. This Guide was prepared by a working party representing
a wide range of interests in the property industry including the
British Property Federation, the British Retail Consortium and
RICS.
Just before Christmas the same working party issued a
consultation paper, again addressed to owners and occupiers. The
main reason behind the consultation is to see whether a cross
industry consensus can be achieved on how CRC costs should be
apportioned between landlords and tenants.
It is hoped that if a standard approach can be agreed then this
will not only simplify negotiations of new leases and investment
property sales and purchases (if a whole series of approaches are
adopted by different landlords in relation to apportioning CRC
costs and benefits then there is the potential for considerable
complication!) but also assist the day to day
