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Retrofit's split incentive: who pays, who benefits, who blinks first?

The case for retrofit is clear, but who pays for it is less so
John Redfern. (Savills)
John Redfern. (Savills)
By John Redfern
Savills Property Management
July 17, 2026 | 1:08 P.M.

Buildings must decarbonise, meet evolving regulation and stay relevant to occupiers whose expectations are rising. But while the case for retrofit is clear, the question of who pays remains far less straightforward.

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