Warning that energy inefficient offices risk becoming obsolete 

Society of Chartered Surveyors Ireland says owners could be left with 'stranded assets' if they do nothing in terms of retrofitting

Society of Chartered Surveyors Ireland report says the Sustainable Energy Authority of Ireland (SEAI) should review grant allocations and thresholds for commercial buildings. Picture: iStock 

Office buildings that are less energy efficient are facing an increasing risk of “obsolescence” with owners potentially being left with “stranded assets” if they decide to do nothing in terms of retrofitting, a new report by the Society of Chartered Surveyors Ireland (SCSI) has found.

However, the report found that retrofitting may not be financially viable in all instances and has recommended that the Sustainable Energy Authority of Ireland (SEAI) conduct a review of grant allocations and thresholds for commercial buildings.