Strategic RE Flashcards
Why might it cause higher risk and uncertainty?
Financial and operational costs. For example, if a client has too much space then this will be additional costs on rent and general running.
How have you found the market recently, rates, key trends, geopolitical- how have you handled this when providing strategic advice to clients
You mentioned in your practical experience that you are aware of it has a strategic tool to improve employee productivity?
For example, in my level 2 example, regarding my client looking to combine offices…
What do you mean by future proofing?
designing and building structures that can adapt to, and withstand, anticipated future changes, including climate shifts, technological advancements, and evolving societal needs, while maintaining or enhancing their sustainability.
Explain leasing portfolio?
My client leased several offices across London and required these assets to align with their sustainable objectives.
Explain what is an EPC? How is it measured?
Required for 50 sq m or more buildings.
A certificate includes
- Address / floor area
- EOC certificate number
- Technical info the property energy provision
- Estimate of property running costs
- Rating
- Benchmarking
- 10 years
You find an EPC on the government website.
What is a typical pathway to improve the EPC?
EPC pathway reports can be completed by a third party. They provide an overview on the current EPC and improvements.
Explain the MEES regulations and how this impacted your advice?
Minimum epc rating of E from 2018.
What is BREEAM?
Building Research Establishment Environmental Assessment Method
Why did they have 3 offices, what is the nature of their business eg. finance?
Why is a whole scale move more expensive?
lease agreements, moving tech, fit out costs
What is a competitor mapping analysis?
Identified the key competitors and graphically plotted them on a map in relation to my clients office.
What are the prime office rental values in each submarket, eg. West end, city and CW?
