Understand best practice leasing

  • 3 Feb 2015

A best practice lease creates a partnership between tenant and building owner that can result in substantial cost savings, productivity gains and enhanced occupant comfort. The framework for delivering these benefits involves:

  • Agreeing target environmental performance standards
  • Measuring and reporting on progress
  • Creating a shared environmental management plan
  • Appointing a building management committee to drive progress
  • Agreeing a remedial action process

Places to look: CitySwitch Best Practice Leasing Principles, London BBP Green Lease Toolkit, RICS Oceania Guide to Environmental Performance Clauses