As the UK’s third largest indoor shopping centre, The Trafford Centre in Manchester spans more than 176,000 sqm and 200 shop units, and Pradera Lateral is the international asset management company responsible for them all.
Like other commercial property managers across the UK, Pradera Lateral was facing significant challenges resulting from the government’s updated MEES regulations. The new rules require all non-domestic rented buildings without a valid exception to be EPC rated E by April 2023, C by 2027 and B by 2030, with the penalty for each non-complying property reaching up to £150,000.
When Pradera Lateral brought in CSR Sustain to help address these risks, we recommended the following actions in priority order:
Working closely with both Pradera Lateral and the managing agents, Savills, our experts undertook the EPC benchmarking of every shop unit in the centre. That included arranging access to each unit in risk priority order, before undertaking 200 EPCs.
As a result, we were able to bring 100 units up to standard as part of a staged delivery that was completed prior to the key deadline of February 2023.
Gary Cleary, managing director of CSR Sustain, said: “It was essential for Pradera Lateral that they had complete visibility and understanding of every stage of our project together. The final outcome was our successfully bringing every unit in the Trafford Centre up to EPC compliance in line with the updated MEES regulations.”
We excel in providing practical support to help clients tackle the myriad of complex regulation and legislation that impact on commercial energy and building performance. We will: