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JLL - Building Surveying 2012
- 1. Project & Development Services: Building Surveying
What will realise potential and add value? How can I preserve my property assets? How can I manage and mitigate the risks?
The Building Surveying team can unlock the right answers, from early advice on the feasibility of a project, through establishing exit strategies to
manage dilapidations liabilities to the programming and implementation of regular building maintenance. Whether you are a funder, developer,
investor or tenant, we can meet every need at any phase of the property lifecycle, from acquisition through to exit or disposal.
Whatever the challenge or opportunity, we combine our wide-ranging expertise and creativity to seek out the best solutions and deliver the highest-
quality results. We work with you to comprehensively match our skills to your needs and deliver practical value-driven solutions. At the same time,
we anticipate and adapt to every requirement, delivering robust, consistent and timely results.
Our Services
Our intricate knowledge of the fabric and structure of buildings,
as well as associated legal and regulatory frameworks, is
fundamental within all that we offer. Underpinning this is the
depth and diversity of our expertise, along with experience across
property sectors.
Working with you at any stage of the property lifecycle, our
services are focused on realising potential, maximising value,
mitigating risks, preserving and enhancing assets, and optimising The Benefits
space performance.
• Realising the full potential - through the refurbishment of a
Acquisition building and physical transformation of the property asset
• Bank, construction and development monitoring
• Building surveys • Mitigate risks with due diligence - providing critical advice at
• Schedules of condition the purchase or disposal can have a significant bearing on
transaction timing, pricing, risk management and ownership or
Repair & Refurbishment occupational needs
• Contract administration
• CDM co-ordination • Major savings in ‘end of lease term’ settlements - early exit
• Design strategies and negotiations can achieve savings on claims for
• Lead consultancy dilapidations.
• Party wall and neighbourly matters
• Preserve and enhance assets - with planned maintenance
Occupation programmes and works
• Alteration approval
• Defect analysis • Initial and long-term cost reductions - our timely advice on
• Expert witness advice any building or project can identity significant, operational
• Planned maintenance efficiencies through programme management
• Reinstatement cost assessments
• Quality and experience - a strong commercial grounding along
Exit & Disposal with extensive technical expertise ensures that only cost-
• Dilapidations effective products, processes and systems are selected and
• Exit strategies procured, while ensuring that value is never compromised
• Vendor surveys
COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.
- 2. Expertise in Action Why Jones Lang LaSalle?
• Over 120 building surveyors professionals located in 17
Dramatically reducing a tenant’s dilapidation liability offices throughout the UK providing capacity, presence
and local market expertise to handle everything from
Challenge a national multi-property programme to a local one-off
Faced with an impending lease expiry a tenant turned to us for a project.
solution on how to establish and then manage their liability. • Specialist teams for offices, retail, industrial and logistics,
public sector, health, education, hotels and residential
Solution sectors that have a thorough understanding of the clients,
Having determined a dilapidations assessment in excess of £1.75 players, properties and drivers in each sector.
million a three-year maintenance programme including steelwork • Consistent high-quality professional advice and
and stone repairs of external redecoration was instigated. In the delivery, with a focus on clear communication, regular
final year of the term, schedules of dilapidations were prepared engagement and sound judgement, and with Director-
against the sub-tenants and negotiations were held with the landlord. level advice always on hand.
• Part of Project & Development Services, an integrated
Results group of over 200 professionals providing co-ordinated
The landlord’s claim was largely offset by the works which had advice and implementation on every aspect of
been undertaken and the costs were recovered through the construction, refurbishment, fit-out, maintenance and
service charge. Within demised areas sub-tenant claims and lease repair, and cost management.
renewals mitigated the potential loss. The non recoverable financial • Market knowledge of the UK and EMEA’s largest multi-
settlement with the landlord was a fraction of the claim value. disciplinary property services company, allowing clients
to benefit from the seamless integration of expertise
such as planning, agency and sustainability.
Creating a refurbishment template for a London estate
Challenge
In a residential project for The Church Commissioners in London,
we were tasked with transforming two ‘tired’ single-storey mews
properties into a contemporary house that would achieve an
enhanced target rent.
Solution
With in-house design and planning support and acting as Contract
Administrator and CDM Co-ordinator, we overcame several
structural challenges to deliver a modern design with the highest-
quality finishes.
Results
The property was let above market rent and served as a template
for similar projects completed by the team across the estate.
Contacts
Helen Gough
Director - P&DS
T: +44 (0)20 7087 5090
M: +44 (0)7881 824446
helen.gough@eu.jll.com
Our Expertise - P&DS Building Surveying
www.joneslanglasalle.co.uk/buildingsurveying
COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.