Fund Manager Briefings
Short, actionable insights for property funds, asset managers and institutional investors. Written by NZC Consultants directors.
The 2027 EPC C deadline has been removed. The proposed EPC B requirement for non-domestic buildings over 1,000 m² by 2031 remains. Funds that triage now will move capital efficiently when the regulations finalise.
Solar PV alone will not move a gas-heated commercial asset to EPC B under SBEM. The realistic route runs through heating electrification, HVAC and fabric — and the capital, programme and occupier disruption need to be planned now.
Portfolio CRREM reporting is now table stakes for GRESB and TCFD. The trap is aggregating in a way that hides the assets actually driving fund-level transition risk — and the capital decisions that follow from it.
The UK Net Zero Carbon Buildings Standard's landlord route is reachable for institutional portfolios — but only with data discipline that starts well before the assessment. The lease, the metering and the tenant engagement are the binding constraints, not the technical thresholds.
Forward electricity and gas curves matter more to the heat pump business case than equipment efficiency. Carbon reporting, MEES exposure and net zero alignment all hang off the same fuel-switching decision — and the operating cost model needs to track all of them.
SDR, CSRD pass-through, TCFD, SBTi validation and GRESB cycles converge in 2027. The fund managers that resource for it in 2026 will spend less, disclose better and pass audit cleaner than those waiting for the deadline.
Speak to an NZC Consultants assessor about your portfolio or operational estate.