TECHNICAL DUE DILIGENCE AND ESG - napierblakeley.com€¦ · the best results for sustainable...

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napierblakeley.com SYDNEY | MELBOURNE | BRISBANE | ADELAIDE | PERTH | SINGAPORE TECHNICAL DUE DILIGENCE AND ESG Napier & Blakeley Napier & Blakeley’s expertise in asset and development advisory provides an integrated approach to achieve the best results for sustainable property outcomes. Our quantity surveyors, building consultants and engineers can plan and price works associated with improving the ESG performance of a building. Sustainable investments achieve long-term financial growth where risks and opportunities are identified and managed through environmental, social and corporate governance or ESG . Technical Due Diligence is a perfect tool to facilitate good property transactions, to initiate asset management and to achieve investment goals. Asset Management Example We recently identified a scope of works and managed the physical building services upgrade at a B Grade CBD commercial office, to meet the owner’s repositioning needs. The project had to meet the best balance of cost, energy savings, depreciation and return on investment. The upgrade included replacement chiller and cooling towers, installation of a Building Management Controls System (BMCS), tenancy lighting upgrade, car park ventilation and Fire Indicator Panel. The outcome has seen 39% savings in electricity; 66% savings in gas. 2-star improvement in NABERS Energy rating – from 2.5 stars to 4.5 stars, or from below ‘average’ performance to above ‘good’ performance. Environmental Building fabric Building services Environmental and hazardous materials Flood risk Energy, water, waste and indoor air quality Benchmarking against NABERS and Green Star Social Tenant experience Regulatory compliance Accessibility Workplace Health & Safety Sustainable materials Heritage listing Governance Compliance Lease and Green Lease obligations Facility management and maintenance agreements Building management Fit out management Acquisition Examples We recently assessed an A Grade CBD commercial office property for an investment manager. In addition to the core technical due diligence identification of risks and opportunities, we assessed the building’s performance against NABERS energy, water, waste and indoor air quality. Energy reduction initiatives were then identified in lighting, heating, ventilation, air-conditioning and Building Management Systems (BMS) together with operational cost savings and payback periods. The functionality of the property was assessed from an occupier's point of view. From arriving at the property, the accessibility and interaction with other spaces, such as end of trip facilities, lift lobbies and retail tenancies. Architectural concepts and feasibility cost estimates were prepared to improve the building’s attractiveness at street level and to provide better connectivity between the internal functional spaces. The provision for accessible amenities was assessed against the Premises Standards and cost effective strategies were devised for compliance.

Transcript of TECHNICAL DUE DILIGENCE AND ESG - napierblakeley.com€¦ · the best results for sustainable...

Page 1: TECHNICAL DUE DILIGENCE AND ESG - napierblakeley.com€¦ · the best results for sustainable property outcomes. Our quantity surveyors, building consultants and engineers can plan

napierblakeley.com SYDNEY | MELBOURNE | BRISBANE | ADELAIDE | PERTH | SINGAPORE

TECHNICAL DUE DILIGENCE AND ESGN a p i e r & B l a k e l e y

Napier & Blakeley’s expertise in asset and development advisory provides an integrated approach to achieve the best results for sustainable property outcomes.

Our quantity surveyors, building

consultants and engineers can

plan and price works associated

with improving the ESG

performance of a building.

Sustainable investments achieve

long-term financial growth

where risks and opportunities

are identified and managed

through environmental, social and

corporate governance or ESG.

Technical Due Diligence is a perfect tool to facilitate good property transactions, to initiate asset management and to achieve investment goals.

Asset Management Example

We recently identified a scope of works and managed the physical building services upgrade at a B Grade CBD commercial office, to meet the owner’s repositioning needs.

The project had to meet the best balance of cost, energy savings, depreciation and return on investment.

The upgrade included replacement chiller and cooling towers, installation of a Building Management Controls System (BMCS), tenancy lighting upgrade, car park ventilation and Fire Indicator Panel.

The outcome has seen 39% savings in electricity; 66% savings in gas. 2-star improvement in NABERS Energy rating – from 2.5 stars to 4.5 stars, or from below ‘average’ performance to above ‘good’ performance.

Environmental

Building fabric

Building services

Environmental and hazardous materials

Flood risk

Energy, water, waste and indoor air quality

Benchmarking against NABERS and Green Star

Social

Tenant experience Regulatory compliance Accessibility Workplace Health & Safety Sustainable materials Heritage listing

Governance

Compliance Lease and Green Lease obligations Facility management and maintenance agreements Building management Fit out management

Acquisition Examples

We recently assessed an A Grade CBD commercial office property for an investment manager. In addition to the core technical due diligence identification of risks and opportunities, we assessed the building’s performance against NABERS energy, water, waste and indoor air quality. Energy reduction initiatives were then identified in lighting, heating, ventilation, air-conditioning and Building Management Systems (BMS) together with operational cost savings and payback periods.

The functionality of the property was assessed from an occupier's point of view. From arriving at the property, the accessibility and interaction with other spaces, such as end of trip facilities, lift lobbies and retail tenancies. Architectural concepts and feasibility cost estimates were prepared to improve the building’s attractiveness at street level and to provide better connectivity between the internal functional spaces.

The provision for accessible amenities was assessed against the Premises Standards and cost effective strategies were devised for compliance.

Page 2: TECHNICAL DUE DILIGENCE AND ESG - napierblakeley.com€¦ · the best results for sustainable property outcomes. Our quantity surveyors, building consultants and engineers can plan

napierblakeley.com SYDNEY | MELBOURNE | BRISBANE | ADELAIDE | PERTH | SINGAPORE

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PROJECT EXAMPLESN a p i e r & B l a k e l e y

P 03 9915 6300 M 0437 649 082

[email protected]

ROB HOWELLS National Director

1 MARTIN PLACESYDNEY

275 KENT STREET SYDNEY

CITIC HOUSE, 99 KING STREET, MELBOURNE

CLIENTGIC

SERVICEEnergy reduction assessment

CLIENTMirvac

SERVICESustainability and energy efficiency review

CLIENTCITIC Corp

SERVICELevel 2 Energy Audit, roadmap and building services upgrade

KELVIN GROVE URBAN VILLAGE, BRISBANE

271 BOURKE STREET MELBOURNE

CLIENTArmada Funds

SERVICEEmbedded metering software design and procurement, EMS & BMS upgrade

CLIENTMelbourne Management

SERVICEBMS design, chiller upgrade, energy reduction and capex assessment

P 02 8113 7112 M 0409 228 552

[email protected]

SIMON GOULD Senior Associate Sydney

P 07 3221 8255M 0412 225 781

[email protected]

GAVIN PEACH Associate Director Brisbane

P 08 9489 4895

M 0419 847 998

[email protected]

GRAHAM RIGBY Senior Associate Perth

CLIENTLaSalle IM

SERVICETechnical due diligence

GPT METRO OFFICE FUND

DANDENONG PLAZASHOPPING CENTRE, VIC

CLIENT Armada Funds

SERVICETechnical due diligence, cooling load calculations, chiller upgrade design, BMS review & repairs

CLIENTGrowthpoint

SERVICETechnical due diligence

222 EXHIBITION STREETMELBOURNE

For further information on TDD and ESG please contact our experts below: