Europe Offices and logistics most shielded from energy shocks
Property and Facility Managementschedule 02 May 2023
Katarzyna Chwalbińska-Kusek, Head of ESG and Sustainability, Savills
1 / 1
According to Savills latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
The international real estate advisor estimates that the share of energy costs reflects 2 to 4 pct. of the total expenses for occupiers in the two sectors. Staffing is responsible for more than 50 pct. of the total costs for office occupiers and the combined outlays for transport and labour accounts for more than 75 pct. of the total costs for warehouse occupiers. Retailers generally consume larger amounts of energy and are not always able to pass the costs on to customers while data centres and
Already have an account? Log in
80% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Rent isn't everything. The real costs of leasing warehouse space
Rent isn't everything. The real costs of leasing warehouse space
Newmark Polska
Choosing a new warehouse takes much more than simply comparing rental rates across a few or even a dozen centres. With rising energy costs and varying technical standards, the actu ...
A good foundation from which to grow
A good foundation from which to grow
CBRE
Poland's role and the strength of its economy are increasingly visible in the European commercial real estate market. We have strengthened our leading position in Central and Easte ...
Zero-emission, zero-backup? The resilience gap in modern building standards
Zero-emission, zero-backup? The resilience gap in modern building standards
Independent Expert
As commercial buildings move rapidly toward full electrification, modern standards optimise for efficiency and emissions – but largely assume uninterrupted power supply. In C ...