_________________________________________________________________________________________ Asset
Management
WORKING IN
UNIFORM
Simplifying building asset management with standardisation . By Kate Rotheram
The typical goal for most commercial property developers and investors is to build a large portfolio . It ’ s a very lucrative goal , but it ’ s one that is inherently complex and challenging - particularly as the portfolio grows to incorporate a diverse group of buildings that are in various locations around the country . Each building will need routine management and site maintenance , which can become a costly exercise for developers without standardisation across their portfolio .
Standardisation can seem antithetical to having a portfolio of diverse building types , where each asset may have vastly differing requirements . Similarly , if premises are being leased to multiple businesses on multi-year contracts , it ’ s easy for developers to fall into the habit of selecting ad hoc solutions
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