Low Carbon Workplace Trust completes first pre-let

Thames Valley House Association to take office space at Twickenham’s Premier House

Article posted: 20 Jan 2011

The Low Carbon Workplace has signed its first pre-let with Thames Valley Housing Association (TVHA) for office space in Twickenham at Premier House. TVHA has signed a 15-year lease with an annual rent of £600,000, subject to annual fixed rental uplifts of 2.5%.

The property is being fully refurbished to a high energy efficiency specification to enable TVHA to apply for the Carbon Trust’s Low Carbon Workplace Standard, which recognises the occupier’s class-leading carbon footprint. The refurbished accommodation is expected to achieve in the region of a 50% reduction in carbon emissions when in use at high occupancy levels. 

TVHA is the first UK organisation to sign the Low Carbon Workplace Charter with LCW, a Carbon Trust subsidiary and key advisor to LCW. The Charter is an ongoing commitment undertaken by the tenant, closely supported by Low Carbon Workplace, to minimise its carbon emissions while occupying the premises.

Geeta Nanda, Chief Executive, Thames Valley Housing Association (TVHA) said: “We’re committed to providing quality office space for our staff while reducing our carbon footprint. We needed to move into more spacious, modern accommodation and we’re delighted to be working with Low Carbon Workplace to achieve this in both an environmentally and financially viable way.” 

LCW is a partnership between leading property investment manager Threadneedle, The Carbon Trust and developer Stanhope plc.

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Posted by Julie