Archive for the ‘News’ Category

How AI and Data Centres are Reshaping Real Estate Investment

Posted on: March 20th, 2025 by Spybey Digital

Yesterday, we hosted our latest UK Commercial Real Estate Breakfast Roundtable, where industry leaders and innovators came together to discuss the latest trends shaping the sector.

Our key theme? The role of AI and the growing importance of data centres in commercial real estate.

With AI transforming property management, valuations, and investment decisions, and the increasing demand for data centre infrastructure, the landscape of real estate is evolving rapidly. Investors, developers, and funders must stay ahead of these shifts to make informed decisions.

From AI-powered analytics to the rise of data centre real estate, here are the key takeaways from the discussion, which dived into what’s driving change in the market and what industry professionals need to know.

AI’s Role in Shaping Real Estate Investment and Management

Artificial intelligence is no longer just a concept of the future—it’s actively influencing how real estate assets are valued, managed, and operated. AI-driven tools are allowing property professionals to work smarter and more efficiently while gaining deeper insights into market trends.

Predictive Analytics for Property Values and Market Trends

AI is revolutionising real estate forecasting by analysing vast amounts of data to predict future property values, rental yields, and market trends. Machine learning models use historical data, economic indicators, and consumer behaviour patterns to give investors a more accurate picture of potential returns.

AI-Driven Property Management and Operational Efficiency

Smart building technology is optimising asset performance like never before. AI-powered systems can:

These tools not only improve operational efficiency but also enhance tenant satisfaction, making properties more attractive to occupiers.

Tackling Data Privacy and Security Challenges

With AI relying on vast amounts of data, security risks are a growing concern. Real estate professionals must implement robust cybersecurity measures to protect sensitive tenant and operational data, while complying with evolving privacy regulations such as GDPR.

The Data Centre Boom: Location, Infrastructure, and Sustainability

The surge in AI, cloud computing and digital services has led to an unprecedented demand for data centres. These facilities require strategic site selection, reliable infrastructure, and a strong focus on sustainability.

Meeting Demand for Data Centre Real Estate

As businesses rely more on digital storage and computing, investors are increasingly turning to data centres as a lucrative asset class. Prime locations near major cities or tech hubs—such as London’s ‘Silicon Roundabout’—are seeing high demand due to their connectivity advantages.

Infrastructure Challenges in Power and Connectivity

Data centres require vast amounts of electricity and high-speed internet connections. Key considerations for developers and investors include:

Navigating Sustainability and Regulatory Pressures

Energy efficiency and carbon reduction are top priorities for the data centre industry. With increasing regulations around emissions and power consumption, developers must focus on sustainable building materials, energy-efficient cooling systems, and carbon offset strategies to meet ESG (Environmental, Social, and Governance) criteria.

Investment Shifts: AI-Enhanced Valuation and New Asset Classes

As AI continues to evolve, it is reshaping the way properties are valued and expanding opportunities for investors in emerging asset classes like data centres.

How AI is Redefining Property Valuations

Traditional property valuation methods rely on historical data and manual appraisals. AI-driven valuation models, however, can:

These AI-enhanced insights give investors a competitive edge in identifying high-performing properties.

Mitigating Risks in Tech-Driven Real Estate Markets

While AI and data centres present exciting opportunities, they also come with risks. Investors should:

Where is AI Heading in Commercial Real Estate? Our Take

AI is everywhere right now—and commercial real estate is no exception. At PRE, we see AI as a game-changer that can help improve efficiency, accuracy, and the way we deliver services. While it’s still evolving, its ability to process large-scale data, predict trends, and automate tasks is something we’re keeping a close eye on.

So, where do we see AI making the biggest impact? We’re already exploring how it can support our surveyors and CAD technicians, particularly in report production and quality assurance. By integrating AI into our processes, we hope to speed up outputs while maintaining the high standards our clients expect.

On the other hand, AI isn’t perfect. Accuracy and data security are big considerations, and like any new technology, it comes with risks. As AI develops, firms will need to strike a balance between automation and human expertise—something we believe is key to making it a valuable tool rather than a complete replacement.

And what about data centres? With the huge demand for secure, high-performance data infrastructure, we’re looking at how our Area Measurement Reports and site surveys can support developers in site acquisition—helping them plan for the future in this rapidly growing sector.

AI is here to stay, but it’s about knowing how to use it wisely. We’re excited to see where it takes the CRE industry and how we can continue to adapt and innovate.

Looking for expert advice on property valuation, investment strategies, or sustainability? Get in touch with our team today to explore how we can support your real estate portfolio.

 

15 Lessons from 15 Years Running an SME Chartered Surveying & Property Consultancy Firm

Posted on: March 4th, 2025 by Jason Antill

Running a property consultancy or Chartered Surveying firm as an SME comes with unique challenges. You’re balancing technical expertise with commercial strategy, managing client relationships while staying profitable, and navigating a sector that’s constantly shifting due to economic cycles, regulatory changes, and evolving client demands.

If you’re building or scaling your own SME in this field, here are 15 key lessons to help you avoid pitfalls and maximise success.

 

1. Cash Flow is King – Manage It Relentlessly

In professional services, revenue often lags behind work completed. Clients may delay payments, disputes can arise, and large invoices don’t always mean immediate cash in the bank. To safeguard your business:

 

2.Hire Slow, Fire Fast Technical Skills Aren’t Enough

In surveying and property consultancy, technical expertise is vital but it’s not everything.  A surveyor who lacks commercial awareness, client management skills, or attention to deadlines can cause serious problems.

 

3. Clients Value Relationships Over Price

If you’re constantly competing on price, you’re in a race to the bottom. Clients who choose you purely because you’re the cheapest will leave the moment they find a lower fee elsewhere. Instead:

 

4. Diversification Protects Against Market Downturns

The property sector is cyclical. If your business only offers one core service, you’re vulnerable to market shifts. For example:

If commercial leasing slows, refurbishment projects may increase.

 

5. Economic Shocks Will Happen – Build Resilience

Whether its Brexit, Covid, or a property market crash, external factors will test your business. You cant predict the future, but you can prepare for uncertainty:

 

6. Office Location and Image Matter

If you’re working in commercial property, your office isn’t just a place to work it’s part of your brand. Clients take you more seriously when you’re in a central, professional environment rather than a backstreet office. However:

 

7. Work-Life Balance is a Challenge, But You Can Manage It

Surveying and property consultancy is deadline-driven, and clients often expect fast responses. If you’re not careful, the business can consume your life. To avoid burnout:

 

8. A Strong Core Team is Your Greatest Asset

In large firms, clients expect to deal with different departments. In an SME, they expect continuity. Your team is critical to your firm reputation and client retention.

9. Systems and Processes Save Time and Money

In surveying and property consultancy, wasted time means lost revenue. Every hour spent on inefficient admin is an hour not billed to a client.

 

10. Your Reputation is Everything

Property is a relationship-driven industry, and bad news travels fast. One poorly handled project, one broken promise, or one bad client experience can have long-term consequences.

 

11. Networking Opens Doors You Wont Find Online

Many of the best projects never go to tender. They’re awarded through relationships.

Attend industry events, even if they don’t immediately generate work.

Join professional groups and engage in discussions.

Keep in touch with past clients they may not need you now, but they might in six months.

12. Be Open to New Markets and Opportunities

The property industry is evolving. Whether it’s sustainability, PropTech, or international expansion, staying relevant means keeping an eye on emerging trends.

 

13. Marketing and Thought Leadership Take Time but Pay Off

Many SME consultancies rely purely on word-of-mouth, but this limits growth.

 

14. Not Every Client is Worth It

Bad clients aren’t just frustrating they can hurt your business. Warning signs include:

 

15. Enjoy the Journey – It’s More Than Just a Business

Running an SME isn’t just about revenue it’s about building something meaningful.

Success in property consultancy isn’t just about financial results – it’s about reputation, relationships, and resilience. Stay adaptable, invest in the right people, and keep your business moving forward.

What’s your biggest challenge right now in growing or managing your SME?

 

I’m always free for a chat do get in touch for a coffee. JASON ANTILL BSc (Hons) MRICS Managing Director

 

 

We Survived To 2025…..Now What?

Posted on: March 3rd, 2025 by Jason Antill

Not bad with reported UK commercial property take up being slow in 2024, still high interest rates & inflation, supply of suitable space remaining limited, close to recession and week GDP growth with economic downturn, not forgetting transport and trade union strikes…. HERE’S HOW

  1. Quick recap: although we were slightly lower on our revenue we increased our profit from last year! We did over 200 surveys of more than 8 million sq ft from a mixture of commercial sectors although largely % industrial. Pretty good, when commercial property transactions are down with secondary locations and assets suffering…tenants rising bias to prime?!

 

  1. We were laser-focused on our target clients! PropCos, Asset Managers and collaborating with other consultants where best suited (also don’t forget it goes both ways), however not discounting the larger institutions. We made sure and reinforced clients about being multi-disciplinary able to include not only offering Measured & Sustainability but also Building and Project Management!  Which gave clients a one stop shop. We had the pleasure of working with the likes of some great clients, you all know who you are, big high five and thank you!

 

  1. We eliminated nonessential processes! but kept high quality output and service to clients.  Getting feedback from clients and the PRE team highlighted how we could be better and more efficiently.  Moving the head offices from South London to Central London Soho, we can be closer to projects and clients.  Transport links around outer London, M25 and the southeast.

 

  1. Do a great job! Each project has its challenges. Being able to do more than one service line for the same project saves the client on cost and time.​ 80% of our clients are repeat customers or come through word of mouth as recommendations.

 

  1. We built our own tech from scratch! We sat down with a tech company who helped build surveying software tools to drive huge efficiencies across PRE surveyors workflow…. meaning our survey team save 20-30% on projects as before and leverage it to scale up.  We built an APP too!

 

  1. The PRE Team! Are our bricks and mortar to the company and clients.  A good culture is always important to us.  Trying to get the right balance isn’t easy.  Although from the start we have always embraced flexible working hours and remote working, in 2024 made a decision to move to a better location, nicer offices with breakout areas decent coffee machine, being together as a team has made a huge difference.

 

  1. Conduct extensive training.  Having taken on apprentices who spend one day a week on their course, this brings in new ideas and relevant CPD for the company to also learn. We’re hiring for a few new roles. Do contact us and perhaps catch a coffee in Soho.

 

  1. Our outlook and plans for 2025.  This year we are excited to be celebrating 15 successful years in business having founded the company in 2009 producing commercial EPC’s we now have 24 services.  Watch this space for celebrations…..We plan to expand cross sell all service lines to help existing and new clients,  Measured, Building, Project & Sustainability however still keep our core values, competitively priced, offering a high end delivery with repeat business relationships.

 

  1. Sponsorship and Charity. We continued to sponsor and attend networking events. These include being one of the main sponsors of PropSail in its 6th successful year.  Our 10 year of involvement in Oxford Brookes Real Estate Society (OBREMS) mentoring scheme for 2nd year students with c.500 students having benefited.  Being part of The Worshipful Company of Chartered Surveyors and help chair The Livery Lite for the next generation of property professionals.  Charities include Story of Christmas, Ellen MacArthur Cancer Trust and James’ Place to name a few.  Do take a look at their websites.

 

  1. What’s the Future for UK Commercial Property. Being at the coalface and UK nationwide, we found in 2024 the months very unpredictable.  Several UK property consultant research teams are showing 2024 investment volumes by sector at their lowest.  Rachel Reeves has confirmed that the spring Statement will take place on 26 March 2025.  What affect will this be for the property profession and in store for all of us in Q2?

However we are optimistic and believe that this is now the year for opportunities and growth.

Please do get in touch for a catch up or coffee.

JASON ANTILL MRICS
Founder & Managing Director

 

PRE’s Latest News and Services 📰🔍

Posted on: February 25th, 2025 by Ana Marset

✨Looking Ahead to 2025: Exciting Possibilities and Milestones Await!

Posted on: January 31st, 2025 by Ana Marset

🌟Over the Next 5 Years, PRE is Set to Expand and Evolve, with Big Plans for Continued Growth and Innovation!

Apex Portfolio 📝 📏

Posted on: January 30th, 2025 by Ana Marset

SIB Portfolio 📐🧱📝

Posted on: January 28th, 2025 by Ana Marset

Pedaling Towards Teamwork: Our Group Spinning Class Experience🚴‍♀️🔥✨

Posted on: January 24th, 2025 by Ana Marset

🚀Looking Back at 2024: Highlights from an Incredible Year

Posted on: January 23rd, 2025 by Ana Marset

PRE ACCELERATES GROWTH OVER 15 YEARS

ROUNDTABLE BREAKFAST: 🌇 Predictions and Forecasts for the 2025 🇬🇧 UK Real Estate Market

Posted on: January 15th, 2025 by Jason Antill

Pathway to Net Zero: Understanding ESG and Its Impact on Real Estate

Posted on: December 3rd, 2024 by Jason Antill

Achieving net zero carbon emissions by 2050 is a crucial goal in combating climate change, and the real estate sector has a significant role to play. The property industry accounts for approximately 38% of energy consumption and 29% of greenhouse gas (GHG) emissions in the EU.

With strengthened regulations and shifting market expectations, the push for energy efficiency and decarbonisation has never been more critical.

But what does it all mean in practice? Here’s a breakdown of what you need to know, and how PRE Chartered Surveyors can help you navigate the requirements step by step.

What is Net Zero Carbon?

 According to the UK Green Building Council, a net zero carbon building is highly energy-efficient and powered by renewable energy, with any remaining carbon emissions offset through recognised schemes.

The framework for achieving Net Zero Carbon – Operational Energy outlines four key stages:

  1. Reducing Energy Demand: This involves minimising energy use through efficient design, insulation, and “fabric-first” approaches.
  2. Incorporating Low-Carbon Systems: Installing efficient HVAC, lighting, and other low-carbon technologies.
  3. Maximising On-Site Renewables: Adding renewable energy sources like solar PV where space and feasibility allow.
  4. Carbon Offsetting: Using recognised, including Gold standard schemes to offset unavoidable emissions, ensuring net zero is achieved.

The Role of CRREM (Carbon Risk Real Estate Monitor)

 The CRREM framework supports decarbonisation by identifying risks associated with buildings that fail to meet future energy standards. These properties – often referred to as ‘stranded assets’ – face potential obsolescence and reduced value due to non-compliance with regulations.

“Reducing the EU carbon footprint will require refurbishment in the existing buildings, but for some assets, retrofitting will not be financially viable.”

 The European Union has set an ambitious goal to decarbonise the building sector by 2050, recognising the crucial role of retrofitting existing properties. Investments in retrofitting could benefit the EU economy by up to EUR 175 billion annually, while also reducing the carbon footprint of the property sector. However, many existing buildings require significant upgrades to meet these decarbonisation pathways.

‘Stranding diagram’: The figure above provides a summary of the fundamental principle of CRREM’s stranding risk analysis approach for single properties.

Key highlights of CRREM include:

Why It Matters to You As A Real Estate Owner Or Investor

 To futureproof your assets and maximise their value, you need to consider these core areas:

  1. Net Zero Carbon: Ensure your commercial properties are designed or refurbished to meet energy efficiency standards.
  2. Sustainability Certifications: Certifications like BREEAM, WELL, and Fitwel can enhance property value and help attract ESG-conscious buyers.
  3. EPC Compliance: Ensure your properties meet the UK’s Minimum Energy Efficiency Standards (MEES) to avoid penalties or loss of value during sales.
  4. ESG Reporting: Incorporate ESG audits at the acquisition and sale stages to meet investor expectations and secure funding.

Making a Positive Impact

 Tackling climate change is not just a regulatory requirement—it’s an opportunity for real estate owners to add value, improve resilience, and secure long-term profitability. By incorporating net zero carbon strategies and prioritising ESG practices, the real estate industry can lead the way in building a more sustainable future.

 Since March 2021, asset managers and those in the financial market must classify funds based on their sustainability objectives under the Sustainable Finance Disclosure Regulation (SFDR). Properties with strong ESG credentials can access cheaper funding options through ESG-linked debt or equity, making them more attractive to investors. These savings allow investors to pay a higher purchase price, knowing their acquisition aligns with ESG mandates.

The changes you make to future-proof your commercial property assets and bring them in line with net-zero and ESG regulations today, will not only benefit the planet as a whole, but will also reap financial rewards for your business in the longer-term.

Need Help Navigating Net Zero?

 If this all sounds like a lot to navigate – don’t fret. That’s where PRE Chartered Surveyors can help.

Our range of professional reports, surveys, and services are tailored to help you investors navigate these challenges confidently.

Services we offer include:

With our expertise and bespoke approach, we ensure that your properties are future-proofed, aligned with regulatory standards, and optimised for maximum value.

If you want to learn more about achieving Net Zero Carbon or would like tailored advice on EPC+1 Budget Costings and Net Zero Carbon Pathway Reports, we’re here to help.

📧 Contact Jason Antill for a CPD session or a competitive proposal:
[email protected] | +44 (0) 7855 520223

Jason Antill Guest Speaker at Oxford Brooke’s University Real Estate Management and AI Honor degree graduation 2024

Posted on: December 3rd, 2024 by Ryan Bartle

PRE Chartered Surveyors‘ Managing Director Jason Antill took to the stage as a guest speaker at the Oxford Brookes University Real Estate Management and AI Honours Degree Graduation 2024, to share his guidance on career progression. 🏗️🎓

As part of his address to the next generation of real estate professionals, Jason shared the following savvy advice on the 5 Ps: “𝗣𝗿𝗼𝗽𝗲𝗿 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗲𝘃𝗲𝗻𝘁 𝗽𝗼𝗼𝗿 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲. 𝗜𝗳 𝘆𝗼𝘂 𝗳𝗲𝗲𝗹 𝘀𝘁𝘂𝗰𝗸, 𝗳𝗶𝗻𝗱 𝘀𝗼𝗺𝗲𝗼𝗻𝗲 𝗼𝗹𝗱𝗲𝗿 𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝘁𝗼 𝗺𝗲𝗻𝘁𝗼𝗿 𝘆𝗼𝘂. 𝗔𝗻𝗱 𝗿𝗲𝗺𝗲𝗺𝗯𝗲𝗿, 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼𝗻’𝘁 𝗮𝘀𝗸, 𝘆𝗼𝘂 𝗱𝗼𝗻’𝘁 𝗴𝗲𝘁.”

His insights served as an inspiring reminder of the importance of mentorship, preparation, and reaching out for guidance to achieve success in the property and surveying industry. Watch the video below to see his comments in full. 👀

🎉 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝘁𝗵𝗲 𝟮𝟬𝟮𝟰 𝗰𝗼𝗵𝗼𝗿𝘁 𝗼𝗻 𝘆𝗼𝘂𝗿 𝗴𝗿𝗮𝗱𝘂𝗮𝘁𝗶𝗼𝗻! As you embark on your next chapter, remember to lead with integrity, kindness, and empathy. Wishing you all the best in your future endeavours!🚀✨

hashtagPRECharteredSurveyors hashtagOxfordBrookes hashtagRealEstateGraduation hashtagCareerAdvice hashtagMentorship hashtagGraduation2024 hashtagFutureLeaders

🎁🎄 ‘Tis the Season to Give Back

Posted on: November 25th, 2024 by Ana Marset

At PRE Chartered Surveyors, we’re committed to serving our communities, not just in business but also through charitable giving. This Christmas, we’re proud to support three incredible charities:

Meet The Team – A Work Life Balance

Posted on: November 21st, 2024 by Jason Antill

Precision. Results. Excellence.

What truly sets us apart is our small but mighty, dedicated team. We deliver a level of personalised, hands-on service that larger firms simply cannot match. With a collaborative approach and national expertise, we ensure our clients’ needs are not only met but exceeded—no matter the scale or complexity of the project.

Encouraging Collaboration

 

We believe that teamwork creates unique networks of outstanding professionals who understand that great achievements come from collaboration. We value the rich diversity, skills, abilities and creative potential that people from differing backgrounds and experiences bring to the workplace.

Jason Antill, Managing Director

 

Jason studied Real Estate at Oxford Brookes University graduating in 2001 and qualified as a Member of the Royal Institution of Chartered Surveyors in 2004.In 2008, he set up PRE, a niche commercial Chartered Surveying firm offering professional services to both landlords and tenants across the UK. Now celebrating its 15th successful year the company is looking to continue to grow in services and size without loosing its core values.  competitively priced with an enthuses on customer service.  In 2018 Jason helped set up PropSail in association with PropSki which is now a permeant fixture in the property calendar.  He is a committee member of the Chartered Surveyors Livery Company and an expert witness in measured surveys.

 

Tara French – Director of Operations

 

Tara has been with PRE from the start and has worked her way up progressing to Director of Operations.  Taras day to day duties range from managing many areas within the company from client accounts, providing proposals, organising daily schedules for all team members to client liaison.  In her free time she loves all things netball, spending time with her family of Twins and older daughter often being Mum Taxi to sporting events and Taras currently working towards her Level 1 Netball Coaching Qualification to work with the next young generation of Netballers.

 

Robert Brown – Assistant Building Surveyor

 

Robert joined in 2020 as a trainee building surveyor. In 2021 he progressed on to an apprenticeship pathway and aims to become a chartered surveyor and member of the RICS by 2026. His duties range from undertaking onsite inspections to in-office report production. His onsite duties see him undertake a number of surveying types including measured surveys, architectural surveys and condition surveys. Robert has learned to adapt to various surveying equipment including laser measuring tools during his time at the company.  Outside of work, Robert enjoys a number of hobbies including hiking, with his dog, and paddle boarding (when the UK weather allows!). In the future Robert wants to widen his surveying knowledge so he can provide the highest level of service to PREs clients.

 

Alan Wilson – Assistant Building Surveyor

 

Alan joined the team in 2022 as an Assistant Building Surveyor and is currently pursuing a BSc in Chartered Building Surveying through an apprenticeship program. His role encompasses a wide range of responsibilities, including conducting Measured and Technical Due Diligence building surveys along with project management. Outside of work, Alan enjoys playing sports regularly and spending quality time with his family. He’s also learning the ins and outs of car maintenance, embracing the challenges that come with it.

 

Ana Marset – CAD Technician

 

Ana joined in 2021 as a CAD technician, bringing her background as an industrial engineer. Her duties involve analysing and assessing new projects to providing accurate timeframes that align with each project’s characteristics, followed by drawing and modelling plans. Outside of work, Ana enjoys DIY projects and staying active through sports. She aims to take on new challenges at work and travel to new places in the future.

 

Joshua Upson – Assistant Building Surveyor

 

Joshua joined the company in 2024 and is our newest recruit, he comes from a background in construction having worked here in London and also in Sydney, Australia. Joshua joined the team as an assistant building surveyor, some of his duties include carrying out measured surveys, cleaning and creating plans and completing reports. He is currently driven by the goal of completing half ironman in the future which keeps him busy during his free time. His professional goals are to become a member of RICS which the Degree he is currently studying will help him achieve this.

Guilherme Carvalho – CAD Technician

 

Guilherme joined PRE in 2018 as a CAD technician after finishing his MSc in Geoinformatics for Building Information Modelling at University College London. His duties range from setting timeframes and specifications for new projects, assessing the quality of the products produced by the team and training of new members, as well as the production of area measurement reports, lease plans and 2D architectural documentation, based on inspections carried out locally by the team. Outside of work, Guilherme spends most of his time with his son, taking him to parks and playgrounds and, as often as possible, to the beach.

 

 

 

Balancing Two Cities: My Experience Working Between London and Dubai

Posted on: November 20th, 2024 by Jason Antill

When my partner came home on a dark and cold January evening in 2023 he briefly mentioned a job opportunity for a 12 month posting abroad in Dubai.  I immediately said YES GO FOR IT, lifes too short and after working through covid along with flexible working here to stay I new we could make it work.

Id never even been to Dubai before, or really herd much about the City.  As a Chartered Surveyor running my own SME business, for now 15 years, life is a constant balancing act. With offices in Soho, London, and a team of eight people to manage, I’ve always had a full plate. But 12 months ago, I decided to split my time between London and Dubai, working partially in-person and partially remotely.

This dual-city lifestyle has given me fresh perspectives on work, culture, and life itself. While it hasn’t been without its challenges, it’s a setup that’s helped me grow both professionally and personally. Here’s how I’ve made it work, what I’ve learned, and what I’ll miss from Dubai.

 

Making It Work: Navigating Two Cities

Running a business across two cities requires discipline and careful planning. For me, the key is structure. In London, my days are office-centered, with back-to-back meetings and direct collaboration with my team. When I’m in Dubai, I focus on strategic thinking, catching up on emails, and planning the next steps for the business.

Time zones are an adjustment. Dubai is three to four hours ahead of London depending on the time of year, which works in my favor most of the time. Mornings in Dubai are quiet, allowing me to get a head start on the day before London wakes up. By mid-afternoon, my London team is fully online, and I can coordinate with them before their day ends.

Travel is another major factor. Flights between London and Dubai take around seven hours, and I’ve learned to use that time wisely—either catching up on work or relaxing with a podcast. Flights are frequent, with options from airlines like Emirates, British Airways, and Virgin Atlantic. Costs can range from £350 to £700 for a round trip, so I make sure to book ahead during peak seasons.  I found the morning flights are best arriving around late afternoon evening Dubai time, then wake up early to start the day.  Getting over jetlag in Dubai so bad when the sun is shining and warm weather.

 

What I’ll Miss About Dubai

After a year of living and working in Dubai, there’s so much I’ll miss about this vibrant city.

 

The Expat Lifestyle: Dubai is a melting pot of cultures, and being part of the expat community is an experience like no other. There’s a unique sense of camaraderie among people from all over the world who’ve come here to chase opportunities and build their lives.

 

Exceptional Service: One of Dubai’s defining features is its “yes we can” “everyone is welcome” culture. The service across hospitality and service industry is exceptionally fast, efficient, and customer-focused. Whether it’s arranging a last-minute delivery or solving an administrative issue, things get done quickly and easily. It’s a stark contrast to the slower pace of bureaucracy often experienced in London.

 

Ease of Doing Business: Dubai has built itself on welcoming entrepreneurs. Setting up a company here is straightforward, with clear processes and minimal barriers. The government’s proactive approach to attracting business makes it an ideal place for those looking to establish themselves in the region.

 

The Famous Saturday Brunches: Few places can rival Dubai’s brunch culture. These aren’t just meals—they’re full-day social events filled with incredible food, lively atmospheres, and a chance to unwind with friends or colleagues after a long week.

 

More Disposable Income: Without personal income tax, you often have more disposable income in Dubai compared to London. This allows for a higher quality of life, whether that’s dining out, traveling, or indulging in the city’s luxurious offerings.

 

The Entrepreneurial Spirit: Dubai radiates ambition. It’s a city built on dreams and hard work, where innovation is encouraged and entrepreneurship thrives. The “anything is possible” attitude is infectious, and it’s inspired me to think bigger and embrace new challenges.

 

The Welcoming Business Environment: The city’s openness to people from around the world is remarkable. It’s a place where everyone is encouraged to succeed, and that inclusivity fosters creativity and collaboration.

 

Work Culture: London vs. Dubai

The differences in work culture between the two cities are striking. In London, the pace is fast, meetings are efficient, and there’s a focus on getting things done quickly. My team is accustomed to working independently, and I rely on their initiative to keep things running smoothly.

Dubai, however, is more relationship-driven. Trust and face-to-face interactions are paramount, especially when dealing with clients. Business hierarchies are more formal, and there’s an emphasis on respect and hospitality. While this took some getting used to, I’ve come to appreciate the value of building genuine connections before diving into the business side of things.

 

What I’d Take Back to London

Over the past year, my time in Dubai has taught me valuable lessons that I’d bring back to London—both in work and in life.

From a professional perspective, I’d bring back Dubai’s focus on building strong relationships. In London, we often prioritise efficiency and results, but my experience in Dubai has reminded me of the value of slowing down to genuinely connect with people.

Dubai’s ambition and “can-do” mindset are also inspiring. The city’s rapid growth and openness to new ideas have shown me the importance of thinking big and embracing innovation—a mindset I want to apply more with my team in London.

On a personal level, Dubai’s focus on work-life balance has been a revelation. While I thrive on London’s energy, I’ve learned to appreciate the importance of making time to recharge.

Lastly, I’d love to see London adopt some of Dubai’s efficiency and customer-focused service culture. Whether it’s for business processes or day-to-day life, the speed and ease of getting things done in Dubai is something I’ll truly miss.

 

Would I Do It Again?

Having lived this dual-city lifestyle for 12 months, I can confidently say it’s been one of the most enriching experiences of my life. But would I do it again? The answer is a resounding yes—with a few adjustments.

The past year has taught me the importance of balance, not just between work and life, but also between two very different cities. I’ve grown to love the contrasts: the fast-paced energy of London and the cosmopolitan ease of Dubai. However, it’s also been demanding. Frequent travel can be exhausting, and it’s vital to prioritise downtime to avoid burnout.  Also having a long distance relationship hasn’t been easy.

If I were to continue this setup, I’d refine my schedule even further, perhaps limiting the frequency of travel and making longer stays in each city to settle into a routine. Ultimately, the rewards far outweigh the challenges, and I feel fortunate to call both London and Dubai home.

 

Conclusion: A Journey of Growth

Splitting my life between London and Dubai has been a rewarding experience. It’s pushed me to rethink how I work, live, and connect with people. The challenges are real—managing a business while shuttling between two cities isn’t for the faint-hearted—but the rewards are immense.

Whether it’s the charm of Soho or the allure of Dubai’s golden sands, I feel incredibly lucky to have lived this journey. And while the specifics might evolve, this past year has shown me that with the right mindset and tools, the possibilities are endless.

Im always free for a chat on anything sailing or work related and enjoy meeting people people, please do get in touch.

JASON ANTILL

Pathway to Net Zero 2050 | Making Money While Making a Change | What is ESG Investing?

Posted on: November 20th, 2024 by Jason Antill

NET ZERO CARBON – SCOPE AND DEFINITION

UK Green Building Council:

“Carbon emissions from its operation, including occupant activity, are net zero on an annual basis. A net zero carbon building is highly energy efficient and powered from on-site and off-site renewable energy sources, with any remaining carbon balance offset”.

This Framework, as shown below, outlines a hierarchy to minimise energy demand and carbon emissions. The asset has been assessed under Net Zero Carbon – Operational Energy scope. The scope of the assessment is defined as “all areas under operational control that have been used to demonstrate a net zero balance”.

The four main stages of the Framework (operational) are as follows:

  1. As a priority, the building needs to reduce the operational energy demand as far as possible through a fabric first approach.
  2. The building also needs to incorporate efficient services and low carbon systems including HVAC and lighting.
  3. Where feasible and space allows, on-site renewable energy should be maximised, such as through on-site solar PVs.
  4. As a last resort, minimum carbon offsets can be used for the remaining carbon to achieve NZC. Offsetting schemes need to be procured directly or via recognised schemes including Gold standard to demonstrate additionality.

Carbon Risk Real Estate Monitor (CRREM)

About CRREM

“Reducing the EU carbon footprint will require refurbishment in the existing buildings, but some of the assets retrofitting will not be financially viable”

The European Union intends to decarbonize the building sector by 2050. Investment in retrofit could benefit the EU by up to EUR 175 bn per year. One of the biggest challenges for the reduction of GHG emissions results from the poor energy efficiency of existing buildings and still too low refurbishment rates in virtually all member states of the European Union. The reduction of the EU carbon footprint requires a significant increase of energetic retrofits in the existing property stock. The reduction of carbon-risk factors associated with premature obsolescence and potential depreciation due to changing market expectations and legal regulations are key objectives of the EU-funded research project CRREM (Carbon Risk Real Estate Monitor). CRREM aims at supporting the industry to tackle these risks and foster investments in energy efficiency as many assets will become ‘stranded’ properties that will not meet future energy efficiency standards and whose energy upgrade will not be financially viable

‘Stranding diagram’: The figure above provides a summary of the fundamental principle of CRREM’s stranding risk analysis approach for single properties:

●  Black line: The black line represents a building’s baseline and future carbon performance in terms of the so- called greenhouse gas (GHG) intensity, which is calculated as the amount of annual greenhouse gas emissions per building floor area. Emission figures include those directly generated by the on-site combustion of fossil fuels for heating and indirect emissions (caused by the use of district heating and/or electricity consumption).

●  Green curve: The green curve represents the target decarbonisation pathway of a specific building type in a specific country that aligns with a certain climate target (1.5°C/2°C) and must not be exceeded if a property intends to be “Paris-proof”. If the emission intensity is above the target value, “stranding” occurs. In that case the asset would have a carbon-footprint that is above the fair-share derived by downscaling the carbon budget to property level.

In the illustration above, the exemplary building fulfils the requirements only at the very beginning and faces stranding far before the end of the observation period (in 2050). Only appropriate retrofit measures reducing the GHG emissions can ensure that the building will meet the future emission ceilings. This might include changing the energy source (to renewables), decarbonization of the electricity grid and/or simply reducing consumption due to lower demand or due to higher insulation.

Motivation

The property industry is accountable for about 38% of energy consumption and 29% of all GHG emissions in the EU and therefore plays a crucial role in EU decarbonization efforts stated in INDCs (Intended Nationally Determined Contributions). Ambitious renovation policies could reduce the demand by up to 46% between 2021 and 2030 (European Commission, 2014). For improving the energy consumption of properties, the real estate industry has to increasingly address the mitigation of direct and indirect emissions resulting from the construction phase of new buildings or refurbishments, and where applicable, from the dismantling at the end of the economic useful life. Due to the low refurbishment rates in the existing European stock and the specific requirements due to climate change, any increase of energy efficiency requires more energetic retrofits in the existing property stock to reduce the carbon footprint.

“Climate change will affect the building sector because of the reduction of their quality and value”

Climate change poses serious threats to sustained economic growth and poverty reduction, quality of life and political stability in the world. It is considered that the warming process will affect sea levels and the existence of more frequent natural disasters such as floods, storm or tornadoes, which impact on the quality and maintenance of buildings and infrastructures. The higher temperature levels will change the way of life, commerce and the configuration of urban areas. Climate change and strengthened regulation will require particular retrofitting measures that have an effect on current investment decisions. Risks and uncertainties must be adequately understood, and measures are taken to identify incentives to markets that are clear, long-term and credible, given the relevance of the private sector in the process of stopping climate change

“Offer to the Real Estate companies a tool to measure the risk and viability of retrofitting their assets”

Climate change might endanger the business case of real estate companies if no measures to transform the property stock under management are taken. Therefore, a stronger focus on climate change risk management is essential. A company strategy and risk management must ensure that individual efforts to mitigate CO2 within their portfolio must be sufficient to fulfill EU targets – otherwise the market participant might face a situation where properties do not meet future market expectations and therefore will be exposed to write-downs (we call this the risk of “Stranded assets”). CRREM aims at developing a tool that allows investors and property owners to assess the exposition of their assets to stranding risks based on energy and emission data and the analysis of regulatory requirements. By setting science-based carbon reduction pathways, CRREM faces the challenge to estimate risk and uncertainty associated to commercial real estate de-carbonization, building a methodological body and empirically quantify the different scenarios and their impact on the investor portfolios.

Classifying Funds 

Article 8/9 funds and what it all means for your assets.

  1. Is the property asset net zero ready or MEES compliant? If no, what will the associated costs be to retrofit, this cost+ will then be deducted from offer price for additional risk to the new buyer meaning your clients sale price will likely be impacted.
  2. Since March 2021, asset managers (as well as players in the financial markets) must classify their funds (or other investment products) depending on their sustainability purpose, in order to ascertain which reporting obligations to fulfil under the Sustainable Finance Disclosure Regulation.
  3. If the building asset has robust ESG information in place, this will help an ESG focused purchaser to access cheaper ESG linked debt or equity facilities. Cheaper funding as a result of ESG performance means the investor can afford to pay higher multiplier for the building and have their fund investment committee approve the acquisition easier (as it complies with their ESG agenda such as SFDR Article 8 or 9 green funds).
  4. An Article 8 Fund under SFDR is defined as “a Fund which promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.”
  5. An Article 9 Fund under SFDR is defined as “a Fund that has sustainable investment as its objective or a reduction in carbon emissions as its objective.” There are a number of different requirements for Funds that promote a sustainable investment objective

7 Key Actions 

1.Keeping up with the latest changes in ESG: Helping you make sense of ESG acronyms 

TCFD, SFDR, Eu Taxonomy, Climate Risk Assessment, Green Finance, Article 8/9 funds and what it all means for your assets.

2. Health and wellbeing in real estate

Humans spend 90% of our time indoors. Buildings should promote health and wellbeing. Certifications like WELL and Fitwel can support human health indoors and add value to your real estate.

3.Net Zero Carbon: futureproofing your commercial assets

Provide advice on key considerations to make and features to incorporate when designing and refurbishing your commercial assets to achieve net zero carbon.

4.Developing your ESG strategy: through acquisition and beyond

Understanding key options for Net Zero Carbon at the technical due diligence stage when buying or selling assets.

5.An overview of net zero, BREEAM, WELL, LEED, Fitwel and EPCs

There are various sustainability certifications you can look to achieve and help you to understand which can work best for portfolio, fund and your assets.

6.Getting EPCs right

We take you through the governance that matter and the items that don’t when you need to refurbish and improve your EPC to achieve value for money.

7.ESG audit reports at purchase and sale

Since March 2021, asset managers (as well as investors in the financial markets) must classify their funds (or other investment products) depending on their sustainability purpose, in order to ascertain which reporting obligations to fulfil under the Sustainable Finance Disclosure Regulation.

Further Information & Client CPD

Should you need me to come into your offices and provide an updated CPD or teams call CPD on this important topic or provide a competitive proposal for EPC+1 Budget Costings & Net Zero Carbon Pathway Reports please do contact by email [email protected] or phone +44 (0) 7855520223

Banqueting House Surveyors’ Livery Tour

Posted on: November 18th, 2024 by Joshua Upson

This Thursday, Joshua Upson and Robert Brown, our Apprentice Surveyors, had the privilege of gaining exclusive access to the iconic Grade I listed Banqueting House, courtesy of the Surveyors’ Livery Master, David Reynolds. While Banqueting House is famously remembered as the execution site of Charles I in 1649, we’re pleased to report that both Josh and Robert made it out with their heads intact!

The Banquet Hall in Banqueting House, London, is a grand space adorned with magnificent ceiling paintings by Peter Paul Rubens, which have been preserved since 1636.

Looking for a Trusted Partner in Property? Explore PRE’s Expert Services

Posted on: October 29th, 2024 by Spybey Digital

Looking for a Complete Solution for all Your Professional Property Services and Due Diligence Needs?

At PRE Chartered Surveyors, we pride ourselves on being an independent Complete Service Provider, delivering expert guidance across every aspect of commercial property. Whether you’re buying, selling, letting, or managing a commercial asset, keep reading to find out how our experienced team makes the process simple, efficient, and stress-free!

 

“What sets us apart from many companies is that we are fully independent, with no conflicting interests. Our clients benefit from working with a small, director-led team that delivers personalised, professional service across all four key areas of business.”

Jason Antill, our Managing Director

With all our client work handled in-house by our dedicated team of professionals, our focus is on ensuring every aspect of your project is handled with precision and care, saving you time and effort by dealing with one trusted provider.

Providing a full suite of services tailored to your needs – including more than 20 different services and reports – take a moment now to discover the full scope of our offer in more detail:

 

1. Measured Services: Precision at the Core

When it comes to commercial properties, precision matters. Our Measured Services provide fast, accurate, and detailed assessments of your buildings, turning raw data into actionable insights for your project.

We deliver:

You can rely on us to use cutting-edge technology and proven techniques to deliver results you can trust.

 

“It’s easier having a one stop shop rather than going to several surveying firms. Knowing they are RICS with proper Professional Indemnity Insurance and the option to assign reports make a big difference.”

 

Project Case Study: AMR (Area Measurement Report). The Livery 76-80 Old Broad street, London, EC2M 1QP

2. Building Consultancy: Protecting Your Assets

Building Consultancy is at the heart of what we do here at PRE Chartered Surveyors, and we know how important it is to safeguard your property investments. Our expert services are designed to maximise the value of your assets while ensuring compliance at every stage. Whether you need assistance with Dilapidations or a Building Condition Survey, our team delivers tailored solutions to keep your property in prime condition.

We specialise in Due Diligence services, which are essential for clients buying or selling commercial properties. Whether you need an Acquisition and Disposal Building Condition Survey or a Reinstatement Cost Assessment (RCA), we provide the insights you need to make informed decisions, minimise risks, and guarantee smooth transactions.

Our key Building Consultancy services are:

 

“Working in Investment we need a firm which is diligent and confidential. PRE Chartered Surveyors have always provided a professional job, in sometimes very tight timescales.”

 

Project Case Study: Mechanical and Engineering (MEP). 52 Princes Gate, London, SW7 2PG.

3. Project Management: Turning Vision into Reality

We understand that no two projects are the same, which is why our Project Management services are designed to be client-centric and flexible. Whether you’re refurbishing a property, extending a commercial building, or overseeing a complex development, we’re here to guide you every step of the way.

Our expertise include:

 

Project Case Study: CAT A Office Fit Out in Soho London

PRE was instructed by the landlord to project manage a CAT A office fit-out refurbishment of a Grade II listed period property on the corner of Argyle and Great Marlborough Street, close to the London Palladium, an ornate theatre known for musical revues. Throughout the refurbishment process, building regulations and environmental standards were carefully met.

 

 

4. Sustainability Consultancy: Building a Greener Future

In today’s industry, sustainability is not just an option—it’s essential. Our Sustainability Consultancy helps you stay ahead of evolving regulations while making sure your properties are as energy-efficient and eco-friendly as possible. From Energy Performance Certificates (EPCs) to Net Zero Pathway Strategies, we help you reduce your carbon footprint and maximise the value of your assets.

Our sustainability services include:

 

“Having a firm we can rely upon who can offer many niche services under one roof sets them apart from other firms. PRE have always provided a professional job and we keep going back to them.”

 

Want to find out how we can support your next commercial property project? Get to know our team here: https://presurveyors.co.uk/team/leadership/

And then get in touch to talk about your project: https://presurveyors.co.uk/contact/

 

10 Ways to Boost Your SME Property Consultancy Profits in 2024

Posted on: January 22nd, 2024 by Jason Antill

2023 Was A Better Than Expected Financial Year For PRE!!

Not bad with reported UK commercial property take up being slow, high interest rates & inflation, supply of suitable space remaining limited, a risk of a recession and week GDP growth with economic downturn, not forgetting transport and trade union strikes…. HERE’S HOW 

 

  1. Quick recap: although we were slightly lower on our revenue we increased our profit from last year! We did over 200 surveys of more than 8 million sq ft from a mixture of commercial sectors although largely % industrial. Pretty good, when commercial property transactions are down with secondary locations and assets suffering…tenants rising bias to prime?!

     

  2. We were laser-focused on our target clients! PropCos, Asset Managers and collaborating with other consultants where best suited (also don’t forget it goes both ways), however not discounting the larger institutions. We made sure and reinforced clients about being multi-disciplinary able to include not only offering Measured & Sustainability but also Building and Project Management!  Which gave clients a one stop shop. We had the pleasure of working with the likes of some great clients, you all know who you are, big high five and thank you!

     

  3. We eliminated nonessential processes! but kept high quality output and service to clients.  Getting feedback from clients and the PRE team highlighted how we could be better and more efficiently.  Moving the head offices from South London to Central London Soho, we can be closer to projects and clients.  Transport links around outer London, M25 and the southeast.

     

  4. Do a great job! Each project has its challenges.  Being able to do more than one service line for the same project saves the client on cost and time.​ 80% of our clients are repeat customers or come through word of mouth as recommendations.

     

  5. We built our own tech from scratch! We sat down with a tech company who helped build surveying software tools to drive huge efficiencies across PRE surveyors workflow…. meaning our survey team save 20-30% on projects as before and leverage it to scale up.  We built an APP too!

     

  6. The PRE Team! Are our bricks and mortar to the company and clients.  A good culture is always important to us.  Trying to get the right balance isn’t easy.  Although from the start we have always embraced flexible working hours and remote working, in 2023 made a decision to move to a better location, nicer offices with breakout areas decent coffee machine, being together as a team has made a huge difference.

     

  7. Conduct extensive training.  Having taken on apprentices who spend one day a week on their course, this brings in new ideas and relevant CPD for the company to also learn. We’re hiring for a few new roles. Do contact me and perhaps catch a coffee in Soho.

     

  8. Our outlook and plans for 2024.  This year we are excited to be celebrating 15 successful years in business having founded the company in 2009 producing commercial EPC’s we now have 24 services.  Watch this space for celebrations…..We plan to expand cross sell all service lines to help existing and new clients,  Measured, Building, Project & Sustainability however still keep our core values, competitively priced, offering a high end delivery with repeat business relationships.

     

  9. Sponsorship and Charity. We are again one the main PropSail sponsors on 6th June 2024, this year will be its 5thsuccessful year, with Roxburgh Asset Management and SLR Consultants also being main sponsors.  Watch this space for other property club events we plan to sponsor.  If you have any other ideas and need help or sponsorship please do get in touch. Charities include Story of Christmas, Ellen MacArthur Cancer Trust and James’ Place to name a few.  Do take a look at their websites.

     

  10. What’s the Future for UK Commercial Property.  Being at the coalface and UK nationwide, we found in 2023 the months very unpredictable.  Several UK property consultant research teams are showing 2023 investment volumes by sector at their lowest.  Will the general election be in May, November or Christmas and what affect will this for in store for 2024?  Plus elections globally this year will see 64 countries (plus the EU) approx. 49% of people in the world.  However we are optimistic and believe that this is now the year for opportunities and growth.

     

Good luck for 2024, Thank you for all the support in 2023 and excited to work together over the next exciting 12 months!!

Do get in touch for a catch up or coffee.

JASON ANTILL MRICS
Founder & Managing Director

Palladium House | An architectural slice of the Big Apple in London’s Soho

Posted on: January 7th, 2024 by Jason Antill

Palladium House, formerly known as Ideal House, is a grade II listed Art Deco office building located on the corner of Great Marlborough Street and Argyll Street in London.  1-4 Argyll Street, London W1F 7LD

The history behind the Art Deco building on the corner of Great Marlborough Street and Argyll Street.

The building was designed in by architects Raymond Hood and Gordon Jeeves in the art deco style as the London headquarters of the National Radiator Company (European subsidiary of the American Radiator Company). Its design was a scaled down version of the American Radiator Building, New York.

Built 1928–9, the building is a seven-storey office block, with black granite facing decorated with an inlaid champlevé design with Egyptian influences. The building was extended in 1935.

Standing across the road from the Tudor-style Liberty department store is a striking building which couldn’t look more different in Soho Central London. Palladium House is a Grade II listed Art Deco office block on the corner of Great Marlborough Street and Argyll Street. With its Egyptian detailing and black granite, the building wouldn’t look out-of-place in Manhattan, New York, USA.  It was built as a smaller twin to another skyscraper by an American architect for an American company.  Located at 40 West 40th Street, in midtown Manhattan, New York City. its stands 103 m/338 feet tall over 23 floors.  In 1998, the building was sold to Philip Pilevsky for $15 million. Three years afterwards, the American Radiator Building was converted into The Bryant Park Hotel with 130 rooms and a theatre in the basement.

Great Marlborough Street dates back to the early 18th century when the road was named in honour of the Duke of Marlborough’s victory at Blenheim in 1704. The Duke of Argyll then added Argyll Street in 1736. Various buildings came and went over the remaining centuries, with the site becoming empty and ready for Palladium House in the early 20th century.

The central heating we have today stems back to the mid 19th century thanks to inventors like Franz San Galli, Joseph Nason and Robert Briggs. In 1902, the National Radiator Company (NRC) was formed in Pennsylvania, USA, with the hopes of bringing this technology to homes across America and beyond. By the 1920s, the NRC’s business was going so well they bought a plot of land in Bryant Park area of Manhattan, New York City. American architect Raymond Hood (1881-1934) and French architect Jacques André Fouilhoux (1879–1945) co-designed the American Radiator Building with a combination of Art Deco and Gothic styles in 1924. Today, the building is one of Manhattan’s iconic skyscrapers and is now home to the Bryant Park Hotel.

Despite their success in the US, the ARC had global dreams. They had already had a factory in Hull since 1906, and had subsidiaries in France and Germany. A few years after erecting the American Radiator Building in the Big Apple, they bought a plot of land in London’s West End for their UK headquarters. They brought Hood over from America to design their new building and enlisted British architect Stanley Gordon Jeeves (1888-1964). Their design was in the Art Deco style and a scaled down version of its New York counterpart. Palladium House is the only European building by Hood, who also designed or co-designed Chicago’s Tribune Tower and New York City’s Rockefeller Center and New York Daily News buildings. Meanwhile, Jeeves went on to create the Earls Court Exhibition Centre and Dolphin Square flats in Pimlico.

Built between 1928 and 1929, Palladium House is a seven storey office block with a black granite façade. The upper storey of the building is decorated with a gold, yellow, orange and green, Egyptian-inspired enamel frieze and cornice. The ground floor features wide windows, originally designed to showcase the company’s radiators. The windows and doorways are decorated with ornate, bronze enamelled plates featuring lotus and jazz-modern geometric patterns. While several colours were used, it’s really the black and gold which stands out to the onlooker, which happen to be the official colours of the NRC. When the building first opened, the ground floor contained the showroom, while the floors above contained office space. By 1934, the British division of the NRC became Ideal Boilers and Radiators, with the building being renamed Ideal House. In 1935 the building was extended further along Argyll Street – you can seen the divide as there is a wider space between groups of four and seven windows.

The heating company moved out years ago and were replaced by new businesses as a multi let office with reception.

Monmouth Dean are the letting agents for the offices.

In the 1970s, the former showroom was home to two restaurants – Argus Steak House and Tennessee Pancake House.  Now home of Spaghetti House Italian and Marugame Udon Japanses Noodles & Tampura restaurant on the ground floor with modernised north and south side offices suites on the upper floors but keeping its Art Deco character.

The building has since been renamed Palladium House after its neighbour, the Palladium Theatre. In 1981, it was declared a Grade II listed building by Historic England. On the ground floor are two restaurants, while the other floors feature office space. Although the enamel surround still exists on the Great Marlborough Street entrance, the Argyll St one has been removed in the late ’60s or early ’70s and is currently in the Victoria & Albert Museum. (Check out a photo of the original Argyll Street door in a London Metropolitan Archives photo from 1962).

© Mr Anthony Rau. Source: Historic England Archive

Thanks for your support in 2023. Here’s to our 15th anniversary in 2024!

Posted on: January 2nd, 2024 by Jason Antill

Thank you for all your support in 2023 and very much looking forward to working with you in 2024 on Measurement, Building, Project and Sustainability Consultancy Services in 2024.

 

Wishing You a Merry Christmas & Successful 2024 From All The Team

Posted on: December 22nd, 2023 by Jason Antill

Thank you for all your support in 2023 and very much looking forward to working with you in 2024 on Measured, Building, Project and Sustainability Consultancy Services in 2024.

Pathway to Net Zero 2050 | Reducing the EU carbon footprint will require refurbishment in the existing buildings, but some of the assets retrofitting will not be financially viable

Posted on: January 19th, 2023 by Jason Antill

ESG | Sustainability Building Consultancy

NET ZERO CARBON – SCOPE AND DEFINITION

UK Green Building Council:

“Carbon emissions from its operation, including occupant activity, are net zero on an annual basis. A net zero carbon building is highly energy efficient and powered from on-site and off-site renewable energy sources, with any remaining carbon balance offset”.

This Framework, as shown below, outlines a hierarchy to minimise energy demand and carbon emissions. The asset has been assessed under Net Zero Carbon – Operational Energy scope. The scope of the assessment is defined as “all areas under operational control that have been used to demonstrate a net zero balance”.

The four main stages of the Framework (operational) are as follows:

  1. As a priority, the building needs to reduce the operational energy demand as far as possible through a fabric first approach.
  2. The building also needs to incorporate efficient services and low carbon systems including HVAC and lighting.
  3. Where feasible and space allows, on-site renewable energy should be maximised, such as through on-site solar PVs.
  4. As a last resort, minimum carbon offsets can be used for the remaining carbon to achieve NZC. Offsetting schemes need to be procured directly or via recognised schemes including Gold standard to demonstrate additionality.

Carbon Risk Real Estate Monitor (CRREM)

About CRREM

“Reducing the EU carbon footprint will require refurbishment in the existing buildings, but some of the assets retrofitting will not be financially viable”

The European Union intends to decarbonize the building sector by 2050. Investment in retrofit could benefit the EU by up to EUR 175 bn per year. One of the biggest challenges for the reduction of GHG emissions results from the poor energy efficiency of existing buildings and still too low refurbishment rates in virtually all member states of the European Union. The reduction of the EU carbon footprint requires a significant increase of energetic retrofits in the existing property stock. The reduction of carbon-risk factors associated with premature obsolescence and potential depreciation due to changing market expectations and legal regulations are key objectives of the EU-funded research project CRREM (Carbon Risk Real Estate Monitor). CRREM aims at supporting the industry to tackle these risks and foster investments in energy efficiency as many assets will become ‘stranded’ properties that will not meet future energy efficiency standards and whose energy upgrade will not be financially viable

‘Stranding diagram’: The figure above provides a summary of the fundamental principle of CRREM’s stranding risk analysis approach for single properties:

●  Black line: The black line represents a building’s baseline and future carbon performance in terms of the so- called greenhouse gas (GHG) intensity, which is calculated as the amount of annual greenhouse gas emissions per building floor area. Emission figures include those directly generated by the on-site combustion of fossil fuels for heating and indirect emissions (caused by the use of district heating and/or electricity consumption).

●  Green curve: The green curve represents the target decarbonisation pathway of a specific building type in a specific country that aligns with a certain climate target (1.5°C/2°C) and must not be exceeded if a property intends to be “Paris-proof”. If the emission intensity is above the target value, “stranding” occurs. In that case the asset would have a carbon-footprint that is above the fair-share derived by downscaling the carbon budget to property level.

In the illustration above, the exemplary building fulfils the requirements only at the very beginning and faces stranding far before the end of the observation period (in 2050). Only appropriate retrofit measures reducing the GHG emissions can ensure that the building will meet the future emission ceilings. This might include changing the energy source (to renewables), decarbonization of the electricity grid and/or simply reducing consumption due to lower demand or due to higher insulation.

Motivation

The property industry is accountable for about 38% of energy consumption and 29% of all GHG emissions in the EU and therefore plays a crucial role in EU decarbonization efforts stated in INDCs (Intended Nationally Determined Contributions). Ambitious renovation policies could reduce the demand by up to 46% between 2021 and 2030 (European Commission, 2014). For improving the energy consumption of properties, the real estate industry has to increasingly address the mitigation of direct and indirect emissions resulting from the construction phase of new buildings or refurbishments, and where applicable, from the dismantling at the end of the economic useful life. Due to the low refurbishment rates in the existing European stock and the specific requirements due to climate change, any increase of energy efficiency requires more energetic retrofits in the existing property stock to reduce the carbon footprint.

“Climate change will affect the building sector because of the reduction of their quality and value”

Climate change poses serious threats to sustained economic growth and poverty reduction, quality of life and political stability in the world. It is considered that the warming process will affect sea levels and the existence of more frequent natural disasters such as floods, storm or tornadoes, which impact on the quality and maintenance of buildings and infrastructures. The higher temperature levels will change the way of life, commerce and the configuration of urban areas. Climate change and strengthened regulation will require particular retrofitting measures that have an effect on current investment decisions. Risks and uncertainties must be adequately understood, and measures are taken to identify incentives to markets that are clear, long-term and credible, given the relevance of the private sector in the process of stopping climate change

“Offer to the Real Estate companies a tool to measure the risk and viability of retrofitting their assets”

Climate change might endanger the business case of real estate companies if no measures to transform the property stock under management are taken. Therefore, a stronger focus on climate change risk management is essential. A company strategy and risk management must ensure that individual efforts to mitigate CO2 within their portfolio must be sufficient to fulfill EU targets – otherwise the market participant might face a situation where properties do not meet future market expectations and therefore will be exposed to write-downs (we call this the risk of “Stranded assets”). CRREM aims at developing a tool that allows investors and property owners to assess the exposition of their assets to stranding risks based on energy and emission data and the analysis of regulatory requirements. By setting science-based carbon reduction pathways, CRREM faces the challenge to estimate risk and uncertainty associated to commercial real estate de-carbonization, building a methodological body and empirically quantify the different scenarios and their impact on the investor portfolios.

Classifying Funds 

Article 8/9 funds and what it all means for your assets.

  1. Is the property asset net zero ready or MEES compliant? If no, what will the associated costs be to retrofit, this cost+ will then be deducted from offer price for additional risk to the new buyer meaning your clients sale price will likely be impacted.
  2. Since March 2021, asset managers (as well as players in the financial markets) must classify their funds (or other investment products) depending on their sustainability purpose, in order to ascertain which reporting obligations to fulfil under the Sustainable Finance Disclosure Regulation.
  3. If the building asset has robust ESG information in place, this will help an ESG focused purchaser to access cheaper ESG linked debt or equity facilities. Cheaper funding as a result of ESG performance means the investor can afford to pay higher multiplier for the building and have their fund investment committee approve the acquisition easier (as it complies with their ESG agenda such as SFDR Article 8 or 9 green funds).
  4. An Article 8 Fund under SFDR is defined as “a Fund which promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices.”
  5. An Article 9 Fund under SFDR is defined as “a Fund that has sustainable investment as its objective or a reduction in carbon emissions as its objective.” There are a number of different requirements for Funds that promote a sustainable investment objective

7 Key Actions 

1.Keeping up with the latest changes in ESG: Helping you make sense of ESG acronyms 

TCFD, SFDR, Eu Taxonomy, Climate Risk Assessment, Green Finance, Article 8/9 funds and what it all means for your assets.

2. Health and wellbeing in real estate

Humans spend 90% of our time indoors. Buildings should promote health and wellbeing. Certifications like WELL and Fitwel can support human health indoors and add value to your real estate.

3.Net Zero Carbon: futureproofing your commercial assets

Provide advice on key considerations to make and features to incorporate when designing and refurbishing your commercial assets to achieve net zero carbon.

4.Developing your ESG strategy: through acquisition and beyond

Understanding key options for Net Zero Carbon at the technical due diligence stage when buying or selling assets.

5.An overview of net zero, BREEAM, WELL, LEED, Fitwel and EPCs

There are various sustainability certifications you can look to achieve and help you to understand which can work best for portfolio, fund and your assets.

6.Getting EPCs right

We take you through the governance that matter and the items that don’t when you need to refurbish and improve your EPC to achieve value for money.

7.ESG audit reports at purchase and sale

Since March 2021, asset managers (as well as investors in the financial markets) must classify their funds (or other investment products) depending on their sustainability purpose, in order to ascertain which reporting obligations to fulfil under the Sustainable Finance Disclosure Regulation.

Further Information & Client CPD

Should you need me to come into your offices and provide an updated CPD or teams call CPD on this important topic or provide a competitive proposal for EPC+1 Budget Costings & Net Zero Carbon Pathway Reports please do contact by email [email protected] or phone +44 (0) 7855520223

 

Current and Proposed Minimum Energy Efficient Standards Regulations for Landlords

Posted on: June 20th, 2022 by Jason Antill

It’s important to note that some of these changes are unconfirmed and may be amended or rejected altogether. The second reading in the House of Commons is 18th March 2022. Below we will clearly differentiate between what is confirmed MEES regulations and what is proposed.

We are keeping an eye on movements and updates for these regulations and will keep both our website and this document updated as and when we have more information or confirmed news.

The Reasons

In 2014 the government reported that around 40% of the UK’s carbon emissions come from the built environment, largely through heating, cooling, lighting and providing hot water for buildings. Following this, in 2019, the UK became the first to set a net zero greenhouse gas emissions goal to be achieved by 2050 – this superseded the previous target of reducing emissions by 80% in comparison to levels measured in 1990.

The ambitiousness of this target requires that all sectors work to lower their own emissions to help the UK achieve their goal. Only approximately 15% of the current building stock in the UK was built after 1990, which is when standards for insulation and energy efficiency were brought in, and therefore the majority of homes will require improvement work to bring them to the standard needed to achieve net zero emissions.

As part of their action plan to guide the UK toward the 2050 target and address fuel poverty* the government has an aim to upgrade all homes to EPC rating grade C by 2035 which, in theory, would significantly decrease both carbon emissions and cost of heating the home. Currently, the average EPC rating for domestic properties is a D rating although the minimum requirement for rental properties is an E rating. According to a Department for Business, Energy & Industrial Strategy report the annual running cost of a C rated home is £650 less than an average E rated home.

*Fuel poverty is defined as a property that has heating costs above the national median when meeting these costs places the household below the poverty line.

Current

Current MEES Regulations 2018 require domestic and commercial properties in England and Wales to comply with certain standards before they can legally rent them out.

Domestic

Landlords cannot grant new tenancies or continue to let via existing tenancies if the property has an EPC rating of F or G.

All domestic landlords are required to comply with this if their property is legally required to have an EPC and is an assured, regulated or domestic agricultural tenancy.

A domestic landlord may apply for an exemption if they’re unable to improve the property to an E rating for an acceptable reason, often requiring a draft EPC and MEES report to demonstrate this when applying to the PRS Exemptions Register.

A local authority can serve a financial penalty if they find out a property is or has been in breach of MEES Regulations up to 18 months after the breach and/or publish details of the breach for at least 12 months*. They can decide the level of penalty, up to the following limitations as set in the MEES Regulations:

●  Up to £2000 and/or a publication penalty for letting a non-compliant property for less than 3 months.

●  Up to £4000 and/or a publication penalty for letting a non-compliant property for 3 months or more.

●  Up to £1000 and/or a publication penalty for providing false or misleading information on the PRS Exemptions Register.

●  Up to £2000 and/or a publication penalty for failure to comply with a compliance notice.

The maximum total amount that a landlord can be fined per property is £5000.

Commercial

Commercial (non-domestic) Landlords cannot grant new tenancies or renew/extend an existing tenancy agreement with existing tenants if the property has an EPC rating of F or G, unless either:

●  The landlord has an exemption applied on the PRS Exemptions Register; or

●  All relevant energy efficiency improvements have been made (or there are none to be

made) and the rating is still below E, and this has been registered as an exemption on the PRS Exemptions Register.

An enforcement authority can serve a penalty on those who have been found in breach of MEES Regulations, and can decide to apply a publication penalty* and determine the amount of financial breaches up to the following limits:

●  Up to £5000, or up to 10% of the rateable value of the property (whichever is most), with a maximum penalty of £50000 and a publication penalty for letting a non-compliant property for less than three months.

●  Up to £10000, or up to 20% of the rateable value of the property (whichever is most), with a maximum penalty or £150000 and a publication penalty for letting a non-compliant property for three months or more.

●  Up to £5000 and a publication penalty for registering false or misleading information to the PRS Exemptions Register.

●  Up to £5000 and a publication penalty for failing to comply with a compliance notice. These are the maximum penalty amounts per property.

Publication Penalties

* A Publication Penalty means that a local authority can publish the following information on the PRS Exemptions Register:

●  Details of the breach;

●  The name of the landlord (providing that this is not an individual);

●  The address of the property where the breach occurred; and

●  The amount of the financial penalty imposed.

Confirmed Upcoming Changes to MEES Regulations

From 1st April 2023 commercial landlords will be required to comply with MEES regulations regardless of if their tenancies are existing or new. Current MEES regulations only require a E rating for new, extended or renewed commercial tenancies.

Proposed Changes to MEES Regulations

Domestic

Domestic Premises

All domestic properties regardless of tenure must achieve at least a C rated EPC by 2035, where practical cost effective and affordable, unless:

●  An occupant or someone else whose permission is needed to carry out improvement works have refused permission;

●  It’s not technically feasible to reach EPC band C;

●  The cost of carrying out works exceeds £20000.

Privately Rented Domestic Properties

All domestic rental properties to achieve at least a C rated EPC by December 2025 before granting a new tenancy where practical, cost effective and affordable.

All existing domestic tenancies achieve at least a C rated EPC by December 2028, where practical, cost effective and affordable.

Mortgage Lenders

All mortgage lenders’ portfolios must have an average EPC rating of at least C rating by 2030.

Owner Occupied Properties – which are not mortgaged

Owner occupied homes must achieve a C rated EPC by 2035, where practical, cost effective and affordable.

Social Housing

Social landlords’ domestic portfolios must include a significant amount which achieve a C rated EPC by 2035.

New Homes

All new homes built from Jan 2025 are zero carbon ready.

Commercial

All Rented Commercial Properties

Rented commercial properties must achieve at least an EPC rating of B by 2030, unless it’s not technically feasible and where it is not cost effective.

MEES Reports

Our specialist technical team can create a comprehensive and easy-to-follow report showing you multiple scenarios for how to get your property to achieve the required ratings. Working to you and your property’s needs. This is our MEES Consultancy service.

  1. If we haven’t surveyed your property within the last 6 months (or if changes have occurred within the property), we will need to visit to collect the necessary data to complete an accurate report.
  2. Our desk based technical team will create your personalised report.
  3. Once you’ve completed the required works we will revisit the property to completeyour improved EPC. If the works have been completed and we can survey and finalise the new EPC within 6 months of the first appointment, we can offer a discounted revisit price.

Extensive MEES

If you need to register your property(s) to the PRS Exemptions Register then our Extensive MEES report is for you. The key difference between this and our standard style report is that this report shows what the maximum cost of installing the measure is before it becomes MEES exempt. Combined with quotes for the work from 3 sources, this can then be used as the basis of a MEES exemption application.

Exemptions

There are several categories of property that are exempt from MEES legislation , so if your property falls into these then you can apply to have it added to the MEES Exemptions Register:

  • ‘High cost’ Exemption may apply in cases where the cheapest of the improvements recommended for the property would cost over £3500 to implement, as evidenced by official quotes from 3 seperate installers. This exemption only applies to domestic property.
  • ‘7 Year Payback’ Exemption may apply where it can be demonstrated that the cost of energy efficiency measures required to bring the property up to standard will not pay for themselves through savings made on your energy bills within a 7 year timeframe. This exemption only applies to non-domestic property.
  • ‘All Improvements Made’ Exemption may apply where it can be demonstrated that all relevant energy efficiency improvements that can be made to the property have been carried out, but the property still has an EPC rating of below an E. This exemption applies to domestic and non-domestic property.
  • ‘Wall Insulation’ Exemption may apply where wall insulation is required to bring the property up to standard, but for technical reasons cavity, internal or external insulation systems are not suitable for the specific property in question. This exemption applies to domestic and non-domestic property.
  • ‘Consent’ Exemption may apply where third party consent would be required to install recommended measures, such as in the case of planning permission being needed for the installation of solar panels, but consent has been refused. This exemption applies to domestic and non-domestic property.
  • ‘Devaluation’ Exemption may apply where it can be demonstrated (through an independent valuation by a RICS surveyor) that installation of recommended energy efficiency measures will devalue the property by over 5%. This exemption applies to domestic and non-domestic property.
  • ‘New Landlord’ Exemption may apply in specific circumstances where a person has become a landlord suddenly, such as when a new lease has been deemed created by operation of law, or a lease has been granted due to a contractual obligation. If applied for successfully this category of exemption is valid for a period of 6 months.
  • All categories of exemption except the ‘New Landlord’ Exemption are valid for a period of 5 years. After this period the landlord must endeavour to improve the property’s EPC rating to meet the minimum standards. If this cannot be achieved then a further exemption may be able to be applied for.

PRE come 2nd in #propsail22

Posted on: June 12th, 2022 by Jason Antill

PRE entered #propsail22 at the Royal London yacht Club in Cowes with Jason Antill (skipper/helm), Andrew Hynard (trimmer and tactics), James Hollingsworth (trimmer) and Billy Struth (bowman), they are also all members of Oxford Brookes Real Estate Society.  There were 4 races over one day and the team came 3rd, 2nd, 2nd and in the last race 1st bringing a total of 8 points only 3 points behind the lead boat Paragon part of Colliers.  Congratulations to all the 12 boats that took part in the racing and already looking forward to #propsail23.

PRE complete a successful on budget and time CAT A Office Fit Out in Soho London

Posted on: June 1st, 2022 by Jason Antill

PRE were instructed by the landlord to project manage a CAT A office fit out refurbishment of a grade 2 listed period property on the corner of Argyle and Great Marlborough Street close to The London Palladium Ornate Theatre know for musical revues.Throughout the refurbishment process building regulations and environmental standards will need to be met.

PRE were kindly instructed to carry out a CAT A office refurbishment of Castle House, London, SW1 on behalf of the Landlords.  There were several routes to choose from to include Project Managment (PM),

While project managers are responsible for working with cross-functional teams to closely manage new initiatives from start to finish, contract managers are responsible for keeping track of every deadline, deliverable, and other obligations laid out in a company’s contracts.

Contract administration is the process of ensuring that the seller lives up to the agreements in the contract. The project manager and the contract administrator must work together to make certain the seller meets its obligations. … Within the contract there must be the terms for payment.

In short, contract administration involves the planning, negotiation, execution and performance of any contact with customers or vendors. The preparation and implementation of contracts has great potential for aligning mutually agreeable contracts that lead to positive business outcomes.

What are the Different Types of Contract?
  • Contract Types Overview.
  • Express and Implied Contracts.
  • Unilateral and Bilateral Contracts.
  • Unconscionable Contracts.
  • Adhesion Contracts.
  • Aleatory Contracts.
  • Option Contracts.
  • Fixed Price Contracts.

Seven essential elements must be present before a contract is binding: the offer, acceptance, mutual assent (also known as “meeting of the minds”), consideration, capacity, and legality. Contracts are typically in writing and signed to prove all of those elements are present.

The three most common contract types include:
  • Fixed-price contracts.
  • Cost-plus contracts.
  • Time and materials contracts.

Contract Administration vs. Contract Management

Contract administration is commonly mistaken for contract management, but the two are not synonymous. Contract administration is a process which only takes place before the contract has been finalized. Once the contract is finalised, contract management begins.

A contract administrator is responsible for ensuring both parties are happy with the contract they create together. A contract manager, on the other hand, deals with contracts during the project itself. This takes the form of answering questions, making changes and mediating conflicts. These two roles require different skill sets and are therefore two distinct roles.

PRE are supporting a special anniversary, celebrating 50 years of Pride in the UK

Posted on: June 1st, 2022 by Jason Antill

The Pride in London parade will be held on Saturday 2nd July 2022. This year is a significant year for the Pride movement and the LGBT+ community as we commemorate 50 Years since the first Pride took place in the United Kingdom.

Freehold is a leading and unique networking forum for lesbian, gay, bisexual and transgender real estate professionals working within the real estate sector. Since its official launch in September 2011, the group has grown to over 1000 members and continues to expand.

Freehold is a network set up exclusively for the real estate industry and its members include building surveyors, valuation surveyors, agency surveyors, asset managers, architects, developers, investors and property lawyers from both the public and private sector.

Both the Chartered Surveyors Company and Livery Light are in support of and celebrating 50 years of Pride in the UK.

The campaign for 2022 will commemorate the past 50 years and our evolution as a movement; acknowledging those torch bearers who have come before us and their achievements. As we celebrate and look forward to the next 50 years, we’ll recognise the challenges still faced by our community nationally and globally.

Participation in the parade gives the opportunity for expression of celebration, joy and triumph but also the voice to rightly express the continued fight for those injustices and inequalities that exist amongst us. On July 2nd, we want to make a powerful statement as we march towards progress; calling on the UK Govt to ban conversion therapy for all LGBT+ people, reform the Gender Recognition, provide equal protection for LGBT+ communities against hate crime, by making homophobic, biphobic or transphobic hate crime an aggravated crime in line with racial and religious hate crimes, end its hostile enviornment toward minority migrants, establish a national AIDS memorial that truly honours and remembers those who we have lost and the impact of HIV and Aids and to take a leading role in tackling the violence and discrimination against LGBT+ people around the globe.

PRE Complete Landlords Obligations for a Large Expanding F&B Occupier.

Posted on: May 30th, 2022 by Jason Antill

PRE complete Landlords Obligations for a fast up and coming Food and Beverage company.  Are occupiers now becoming more demanding on requirements of buildings tan before? and can central town center buildings that predominantly are period and historic cope with these?

The demise allocated areas are located on the Ground Floor, First Floor [external plant area] & within the Basement of the property.

OUTLINE SPECIFICATION & SCOPE OF WORKS

LANDLORDS INFORMATION

The Landlord is to provide a secure and weather-tight demise/unit/shell all in accordance with all current building regulations, British Standards and local statutory requirements.

All work undertaken and materials used by the Landlord should comply with all current legislation. Copies of all regulation certificates and approvals are to be issued to the operator prior to hand over of the unit.

The Landlord shall provide all demise/unit/shell drawings, specifications and fit out guides, and any drawings indicating existing retained services or that of adjoining tenants services passing through the tenants demise areas as necessary.

Drawings should accurately and clearly reflect the works undertaken and where discrepancies exist in the information, the Landlord is to ensure that all this is corrected, updated and re-issued to the tenants Project Team.

A schedule of condition is to be prepared which will form that basis of the standard of repair and reinstatement obligations.

GENERAL

  Landlord works to kitchen extraction for tenant and adjoining tenant:

  Landlord to provide new external kitchen extract duct riser (minimum size is 500x500mm) fromwithin the unit at ceiling level up to the termination/exhaust point at roof level for tenant to connect onto within the demise, works to be completed prior to tenant strip out, tenant will remove ductwork up to connection point, landlord to provide temporary infill and weathertight detail to duct riser penetration through roof of unit, tenant to then revisit infill roof and adjust accordingly allowing suitable route for plant power supplies and pipework runs, and ensure a fully weather tight cravat detail.

  Landlord to ensure a new dedicated 1 hour fire rated duct installation for adjoining tenants kitchen extraction, from entering the demise up to its exit point and onto the high level exhaust point. No provision will be made for fire dampers in kitchen ductwork in compliance with current regulations. All details to be issued to tenant for review and approval prior to commencement of works, inclusive of loading calculations.

  Any adjoining tenant’s services and mechanical installations passing through the tenant demise areas requiring to be retained are to be clearly identified on drawings made available to the tenant Project Team.

  Landlord works reference asbestos survey identification and removal:

  Prior to the agreed tenant access date, a Full Refurbishment and Demolition Asbestos survey is to be completed inclusive of all testing requirements, the survey must locate and identify allasbestos containing materials before any strip out work begins. The demise must be vacated, and certified ‘fit for reoccupation’ after the survey. All works to be in line with all current statutory legislation and are to be undertaken by a specialist UKAS accredited contractor appointed by landlord at their cost.

  All identified asbestos containing materials to be removed from site and disposed of safely, all works to be in line with all current statutory legislation and are to be undertaken by a specialist UKAS accredited contractor appointed by landlord at their cost.

  On completion of works Landlord to supply a copy of Asbestos Report and Clean Air certificate in line with current statutory legislation, supplied by the appointed specialist UKAS accredited contractor appointed by landlord at their cost.

        SERVICES

  • All services containment is to be brought to a position as agreed at the rear of the unit. Capped off supplies are to be clearly marked on drawings and issued to the project team.
  • The Landlord is to provide all necessary MPAN and service reference numbers in good time to enable to tenant to make application for services. All meter rooms are to be easily accessible, ventilated and adequately lit and secured.
  • Where meters have been designed to be installed in the demise/unit/shell, adequate provision for cabling, connections pipework and ventilation is to be made by the Landlord.
  • The Landlord is to provide all necessary assistance and information to enable the appointment of approved contractors to effect any service connections.

         ELECTRIC 

  The Landlord shall provide a 400 volts, 200 amps 3 phase and neutral fused electricity main supply with an authorised supply capacity of 144kVA terminated in an agreed location within the tenants unit, to provide power to both ground floor and basement demise areas. Landlord agreement on the above amount of electric supply that will be made available following the additional provision from UKPN.

  The supply must be live to the cut-out with CT panel and CT’s in situ and mains fuses and carriers left on site prior to the agreed date of PC

  Meter to be installed by the tenant and electricity to be supplied by the tenant nominated supplier.

           Gas

  The Landlord shall provide and connect a live 184kwkW or 627,000 btu/hr or 18m3/hr gas main supply with emergency control valve terminated in an agreed            location within the tenants unit in a suitable meter kiosk and base. Existing U25/G16 meter noted required to be in new location to be confirmed by tenant.

  The existing service (inlet) pipe work is of 2” in diameter and is sufficient. However it will need to be adapted as the existing regulator has been remotely fitted from the existing meter.

  The gas supply must be live prior to the agreed date of PC.

  Meter to be installed by the tenant and gas to be supplied by the tenants nominated supplier

            Water

  The Landlord shall provide a 42mm diameter supply at a flow rate of 1.40 litre per second and minimum 3 bar pressure or boosted by Landlord where pressure not achievable. Drainage

 Tenant to install new drainage to suit tenants requirements, all to be outlined and approved by landlord and local authority listed building officer.

Telecoms

 The Landlord is to provide a suitable route from external DP into the tenants unit to an agreed location. Presumed existing route can be utilised.

Fire Safety

 All fire signage and escape lighting in common parts and escape staircases to be provided by the Landlord in accordance with all current building regulations.

Lighting

 Landlord to provide all lighting to common parts in accordance with current building regulations.

MECHANICAL & PLANT – Traditional Extraction System

  Adequate provision is to be made for the installation of all mechanical plant to service the unit. This should include suitable routes for ductwork to discharge to high level atmosphere clear of obstruction. Route to be agreed with the tenant.

  The Landlord will provide fully weather and fire proofed holes through the structure for the passage of Tenants ducts. The Tenant will be responsible for providing weathering cravats on Landlords holes through the roof during completion of fit out works.

  The supply and extract positions from the two adjacent restaurants will be co-ordinated by the Landlord such that exhaust from one unit does not contaminate the supply air to another. Each operator will require a dedicated fire rated duct riser with access at each level of the building for cleaning and maintenance. No provision will be made for fire dampers in kitchen ductwork in compliance with current regulations. Therefore all service routes for operator kitchen extract are to be adequately fire separated from all adjacent occupancies.

  Duct risers may need to accommodate kitchen supply ductwork, fire rated extract ducts, restaurant supply and extract ducts, toilet extract ducts, condenser pipework, electrical and communication cables. Adequate support and access is to be provide for all plant in duct risers.

  Where the Landlord/Landlord is to install ductwork and risers from a connection point within the tenant’s demise up to the discharge point at high level atmosphere, the landlord shall allow for the internal surfaces of the ductwork to be sealed with RZ-ECOSEAL or similar.

EXTERNAL PLANT AREA

  Service and maintenance access to plant area to be provided by Landlord

  Structural deck to be provided by Landlord.

  The Landlord shall provide a suitable external plant area at roof level (or elsewhere as agreed) for the installation of the tenant’s mechanical services, air conditioning / catering condenser units.

  The plant area shall be of a shape to Tenants approval) to support a design load of 5KN/m2 and in addition to receive plant as follows (all provisional/indicative):

  The external plant area shall be provided with a permanent safe means of access for installation and future maintenance of the Tenant’s plant and equipment including all necessary amenity / emergency lighting and guarding.

  The Landlord is to co-ordinate his own / other tenant’s supply and extract systems to prevent contamination of the fresh air supplies serving the demise and his / other tenants fresh air supplies.

GENERAL ACOUSTIC SPECIFICATION Sound Insulation between Occupancies

i) The Landlord shall provide (or ensure are provided) all constructions in order to such that noise breakout from the tenants unit:

a)  Do not exceed noise limits as agreed by the Landlord with other tenants in the development

b)  Does not cause nuisance to other tenants in the building.

c)  Does not cause nuisance to neighbours.

d)  Complies with planning requirements and likely licensing requirements.

In order to satisfy these requirements the Landlord’s acoustic consultant may assume that the noise levels created within the tenant unit are as follows:

The Landlord shall ensure that constructions provided are adequate such that sound transfer from other areas of the building do not exceed the following levels within the Marugame unit:

Plant noise NR40 Lmax
Other noise NR45 Lmax

These noise limits to apply throughout the demise not closer than 1m from any noise radiating surface.

Vibration

Vibration break in to the tenants unit from landlords and other tenants’ areas shall be controlled so as to not cause perceptible vibration or visually perceptible movement of other fixtures and fittings within the tenants unit.

Please do get in touch with a member of the team to discuss any of your requirements.

Livery Clay Shooting Day

Posted on: May 30th, 2022 by Jason Antill

The annual inter Livery Clay Shoot is one of the highlights of the City of London Charity events. This year the simulated shoot was split over 2 days in May at the Holland & Holland shooting grounds based in Northwood Middlesex, edge of London. There were just short of 500 guns with teams of four representing over 80 Livery Companies. Each member of the team shoots 80 birds sporting over 10 stands. The team then shoot together for the 80- bird flush.

This year the Surveyors’ Livery again fielded two teams, however due to illness and last-minute commitments several guns, including the Master had to withdraw. Replacements were quickly found including a couple of non-Liverymen, who helped Team B achieve 1st place in the non-Livery category with an exceptional score of 284 and were placed 5th= in the overall competition.

Team B consisted of Thomas Dunn, James Webster, Ian Parker, and a roving gun from Team A while Team A consisted of Jason Antil, Harvey Soning, Mark Peace and a roving gun with a combined score of 156 achieving 80thplace in the competition.

Congratulations to Harvey Sonning and Thomas Dunn who were placed 9th and 16th in the individually scores. The day finished off with an outdoor field Lunch

https://www.interliveryshoot.com/

Oxford Brookes Real Estate Society Annual Dinner

Posted on: May 24th, 2022 by Jason Antill

This year in May, PRE took a table at the annual OBREMS dinner held at The Institute of Directors on Pall Mall, London SW1 and were proud sponsors of the after dinner drinks.  There were over 200 alumni members attending this years dinner.  The committee helped raise over £7,000 which will enable bursaries for under privileged students who may have been unable to get reach their potential and pursue a career in the real estate profession.

OBREMS stands for the Oxford Brookes Real Estate Management Society and it is the alumni association for Oxford Brookes University graduates who work in the real estate sector. Our primary goal is to develop and strengthen the links between the School of Built Environment at Oxford Brookes University and its graduates through an active and engaged alumni community. We seek to achieve this by focusing on our three core pillars of: CONNECT, CELEBRATE and CHAMPION.

The Real Estate Alumni is a networking and social functions side of the Society. This is where we actively forge the strong relationships between the professional industry and Oxford Brookes University itself through our events and education programmes. Typical of the events we host and organise throughout the year are:

  • APC Lectures;
  • Oxford Brookes’ Mentoring Scheme;
  • The recent launch and support of the Student Property Monthly;
  • Panel debates for the University students on select core curriculum topics;
  • Fire side chats with key industry leaders;
  • President’s Cup Golf Challenge;
  • Annual Dinner and Influencers Events.

 

 

Celebrating 10 successful years of more than 500 students having successfully benefited from the scheme.

The Mentoring Scheme was developed in 2012, jointly by OBREMS and the School of the Built Environment for second year and masters Brookes students studying real estate or planning/property development to support them in their studies and career from moving from academic into the property profession. Each Student is matched with an OBREMS mentor for 12 months until they graduate.

Now in its 10th successful year we are celebrating more than 500 students having successfully benefited from the scheme. There are now mentees becoming mentors and giving something back which is most rewarding for both parties. It also enables mentees to understand what the next generation of property professionals future appetites and career goals are. Knowledge is key in this profession and giving something back is extremely helpful and fulfilling.

This year the launch event was hosted by Savills and it was brilliant to be back to face-to-face networking. This year we matched a record 90 students with mentors and have had the highest take up of students getting graduate positions.