29 MARCH 2023

Grosvenor Achieves Second NABERS UK Certification

Grosvenor has achieved its second NABERS UK Energy rating with a 3* ranking awarded to 33 Davies Street, a 28,900 sq ft office building in Mayfair, London.

NABERS UK is an adaption of the highly successful rating programme NABERS that operates in Australia. Launched in 1999 NABERS is widely considered to be a world leading environmental performance tool for commercial buildings. In Australia, the initiative has helped customers save an average of 30%-40% on their energy over 10 years. It plays a vital role in bridging the performance gap between the design and actual in-use energy performance of offices and creates much needed transparency for the market.  

EP&T Global, a licensed assessor for NABERS UK, analysed 12 months of data from the building and independently certified the 3* rating. Using this data, Grosvenor will improve the building's performance and target a rating of at least 4.5* by 2025, in line with its stretching environmental commitments. 

This will be achieved through retrofit measures as well as the monitoring and improvement of key building systems to improve their efficiency, and continued maintenance on the building’s existing solar panels.

In summer 2022, Grosvenor achieved the UK’s first NABERs rating for its Toronto Square asset in Leeds which has also informed an investment programme to enhance the energy efficiency of the asset.

Chantal Henderson, Executive Director, Operations, Grosvenor, commented: "The NABERS UK rating plays an important role in driving transparency around environmental performance of existing offices. Our 3* rating for 33 Davies Street provides valuable insights into the buildings energy performance, and we are committed to making the necessary improvements to enhance its energy efficiency and achieve a 4.5* rating by the end of 2025”.

“We’re proud to hold two of the first wave of NABERS UK ratings for existing offices. Our commitment to the significant process of gathering and analysing data supports our goal of driving emissions down by 90% by 2040.”

33 Davies Street is co-owned by Grosvenor Property UK and Stow Capital Partners and is managed by Grosvenor. 

About Grosvenor

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Grosvenor is an international organisation whose activities span urban property, food and agtech, rural estate management and support for philanthropic initiatives.

We are a values-led business which represents the Grosvenor family and share a common purpose - to deliver lasting commercial, social and environmental benefit - addressing today’s needs while taking responsibility for those of future generations.  

With a track record of over 340 years, we work to improve urban property and places in many of the world’s leading cities, promoting sustainability within the built environment and enhancing the wellbeing of customers and communities. 

Our UK property business supports c1,000 businesses and tens of thousands of residents and workers across London’s West End each day. We also invest in, create and manage sustainable neighbourhoods in Liverpool and across England. As a 1.5oC aligned company, pioneering change and new ways of thinking about property we aim to ensure our places benefit both people and the planet over the long term.

Alexander Davis

Communications Executive


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