Investors face mounting problem of obsolescence

摘要

As much as 15% of UK property investors' portfolios is obsolete, research from IPD suggests.Investors say that up to 15% of their portfolios could unfit for purpose. The most common reasons for obsolescence, they say, are shorter leases, inaccessible, non-urban locations, inefficient floorplates, and old and expensive air conditioning.A report by IPD and Lambert Smith Hampton on behalf of the British Council for Offices (BCO) was published this week.