Budget Breakdown: What it means for commercial real estate, ESG and asset performance
The Budget is out, and PRE’s Director, Jason Antill, has pulled together a quick overview of what actually matters for landlords, investors and occupiers.
Here’s what he covers in the video:
1. £26bn of tax rises confirmed – squeezing occupier budgets and influencing rent affordability.
2. Slow growth ahead – meaning only strong, ESG-aligned assets will maintain demand.
3. Prime–secondary gap widening – Older, inefficient buildings will feel more pressure in 2025.
4. No new ESG support – retrofit and compliance costs remain firmly with landlords.
5. Cautious investment market – resilience, efficiency and compliance are now the value drivers.
What are your thoughts on the changes the new Budget will bring?
If you need advice on navigating ESG requirements, managing risk, or improving asset performance, the PRE team is here to help. Feel free to get in touch with Jason or the team for a portfolio review.