The National Health Service (NHS) in the United Kingdom is a multifaceted entity that plays a pivotal role in the lives of patients, healthcare professionals, and the communities it serves.
No longer confined to a traditional healthcare provider role, today’s NHS encompasses a vast and interconnected array of services, facilities and initiatives that extend beyond the realm of medical treatment.
The NHS estate comprises hospitals and clinics but also a diverse mix of public spaces, historic buildings, medical facilities, administrative offices, research centres, and support services.
Mounting financial pressures have led NHS trusts to seek innovative ways to leverage the value locked up in their estates. This includes disposing of surplus sites to bridge budget gaps or working with private sector partners to develop capital intensive additions to existing operational estates, such as new entrance blocks, staff housing or multi-storey car parks.
Navigating the Complex Path Towards ESG Goals
Environmental, Social, and Governance (ESG) goals are a critical challenge for today’s NHS, which has set a target of reaching Net Zero on its estate by 2040 and achieving an 80% reduction in emissions between 2028 and 2032.
NHS trusts are grappling with the need to implement more sustainable practices across its vast estate, including the use of renewable energy sources and renovating existing infrastructure to meet emission reduction targets. Achieving these goals requires both financial investment and a shift in operational practices.
The need for accurate asset valuations and market leading business rates reduction makes our team at Newmark a valued partner of numerous NHS bodies.
Our services also include specialist sector planning consultancy, occupational and investment agency, and building consultancy which includes surveys, project monitoring and reinstatement cost assessments, and lease consultancy.
