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Evening Standard
Evening Standard
World
Jonathan Prynn

London facing office space crisis as ageing buildings fail to meet carbon neutral targets

London

(Picture: PA Archive)

London is facing a huge shortfall in office space by 2030 because so many ageing buildings will be unable to meet carbon neutral targets, a shared workspace boss has warned.

Chris Davies, chief executive of Uncommon, which has five sites worth £350 million in London, said almost two thirds of commercial buildings were built or last refurbished before 2000 with many likely to be effectively obselete in eight years time.

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