LEDs 'boost the value of shopping malls'
Trinity shopping centre in Leeds, with lighting designed by BDP - the more efficient the lighting, the more valuable the shopping centre Lux Reports: The latest report from UK shopping centres body BCSC and property advisor CBRE has added weight to the argument that LED lighting has become crucial to energy efficiency improvements and the valuation of malls. Making malls energy efficient adds five per cent to their value " British Council of Shopping Centres The report on the environment and rationale for sustainability has taken a deliberately financial stance on enhancing the value of shopping centres and estimated that making malls energy efficient adds five per cent to their value. BCSC president and chief executive of UK property investor Hammerson, David Atkins, said: 'In the past reports have tended to be either very theoretical or very technical. This is one of the first attempts to present the arguments in...