Green Leases – Some Key Considerations

Making sure that commercial properties are let and managed in an environmentally sustainable way is increasingly in focus. Landlords may want to attract tenants to more efficient and sustainable premises, and Green Leases are one part of demonstrating and helping deliver that commitment and ethos. Occupiers may have their own sustainable agenda and want to move into premises that achieve strong sustainable practical criteria, as well as a joined-up landlord and tenant approach to maintaining and improving those criteria through specific lease commitments. Increasingly stringent regulatory requirements, such as the minimum energy efficiency standards (MEES) and ESG reporting requirements, mean that Green Leases also have a part to play in helping satisfy those external requirements.