Real Estate Environmental Benchmark Update: 2016 Snapshot

05 July 2017
Real Estate Environmental Benchmark Update: 2016 Snapshot

Real Estate Environmental Benchmark Update: 2016 Snapshot

05 July 2017

BBP has released the latest Real Estate Environmental Benchmark (REEB) Update: 2016 Snapshot. The REEB report provides a retrospective assessment of how BBP members’ portfolios have performed over time, demonstrating an impressive improvement of 25% in energy efficiency. 

Key highlights include:

  • 25% improvement in energy efficiency of the BBP members' portfolio     
  • 24% reduction in like-for-like energy consumption            
  • 3.1% average like-for like reduction per year
  • Over £16 million savings in energy costs              
  • 145 GWH of energy saved despite 71% increase in floor area