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 ServicesOur 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 space performance.

Acquisition • Bank, construction and development monitoring • Building surveys • Schedules of condition

Repair & Refurbishment • Contract administration • CDM co-ordination • Design • Lead consultancy • Party wall and neighbourly matters

Occupation• Alteration approval • Defect analysis • Expert witness advice• Planned maintenance • Reinstatement cost assessments

Exit & Disposal• Dilapidations • Exit strategies • Vendor surveys

The Benefits• Realising the full potential - through the refurbishment of a

building and physical transformation of the property asset

• Mitigate risks with due diligence - providing critical advice at thepurchaseordisposalcanhaveasignificantbearingontransaction timing, pricing, risk management and ownership or occupational needs

• Major savings in ‘end of lease term’ settlements - early exit strategies and negotiations can achieve savings on claims for dilapidations.

• Preserve and enhance assets - with planned maintenance programmes and works

• Initial and long-term cost reductions - our timely advice on anybuildingorprojectcanidentitysignificant,operationalefficienciesthroughprogrammemanagement

• Quality and experience - a strong commercial grounding along with extensive technical expertise ensures that only cost-effective products, processes and systems are selected and procured, while ensuring that value is never compromised

COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.

Project & Development Services: Building Surveying

Expertise in Action

Dramatically reducing a tenant’s dilapidation liability

ChallengeFaced with an impending lease expiry a tenant turned to us for a solution on how to establish and then manage their liability.

SolutionHaving determined a dilapidations assessment in excess of £1.75 million a three-year maintenance programme including steelwork and stone repairs of external redecoration was instigated. In the finalyearoftheterm,schedulesofdilapidationswerepreparedagainst the sub-tenants and negotiations were held with the landlord.

ResultsThe landlord’s claim was largely offset by the works which had been undertaken and the costs were recovered through the service charge. Within demised areas sub-tenant claims and lease renewalsmitigatedthepotentialloss.Thenonrecoverablefinancialsettlement with the landlord was a fraction of the claim value.

Creating a refurbishment template for a London estate

ChallengeIn 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.

SolutionWith 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-qualityfinishes.

ResultsThe property was let above market rent and served as a template for similar projects completed by the team across the estate.

www.joneslanglasalle.co.uk/buildingsurveying

COPYRIGHT © JONES LANG LASALLE IP, INC. 2012. All rights reserved.

Our Expertise - P&DS Building Surveying

Why Jones Lang LaSalle?• Over 120 building surveyors professionals located in 17

offices throughout the UK providing capacity, presence and local market expertise to handle everything from a national multi-property programme to a local one-off project.

• Specialist teams for offices, retail, industrial and logistics, public sector, health, education, hotels and residential sectors that have a thorough understanding of the clients, players, properties and drivers in each sector.

• Consistent high-quality professional advice and delivery, with a focus on clear communication, regular engagement and sound judgement, and with Director-level advice always on hand.

• Part of Project & Development Services, an integrated group of over 200 professionals providing co-ordinated advice and implementation on every aspect of construction, refurbishment, fit-out, maintenance and repair, and cost management.

• Market knowledge of the UK and EMEA’s largest multi-disciplinary property services company, allowing clients to benefit from the seamless integration of expertise such as planning, agency and sustainability.

Contacts

Helen GoughDirector - P&DST: +44 (0)20 7087 5090M: +44 (0)7881 824446helen.gough@eu.jll.com