EG's legal & professional editor, Jess Harrold, is joined by Vicky Hernandez, partner and head of retail at law firm RWK Goodman, and Allan Wickham, head of occupier sustainability in the ESG consultancy team at CBRE, to discuss the rise of green leases, with a particular focus on the retail sector.
Together, they recap what green leases are, with examples of typical green clauses that might arise in retail leases and a focus on the different shades of green that can apply, plus some of the particular challenges faced in retail.
They address the recently updated green lease toolkit, from the Better Buildings Partnership, and how that will aid landlord and tenant negotiations on key lease provisions - hugely important, with the growing need for alignment between property owners and occupiers when it comes to improving the sustainability of our buildings.
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