Our N&B team are always in step with the commercial landscape, gaining valuable insight into cost, risk, and return across a project’s lifecycle.  Over the past few years, we’ve seen a surge in investment in the revitalisation of commercial office buildings and central business hubs.

This increased activity has been driven by tenant demand and landlords re-prioritising the human experience, as an incentive for a return to workplaces.  Amongst the works that property owners have delivered are modernised facades and foyers, building facilities, new speculative fitouts, End of Trip facilities and the creation of “third spaces”.

The national housing shortage has also sparked increased activity around converting commercial office properties into residential assets.

Napier & Blakeley have worked on various commercial office revitalisation projects around Australia for clients including AFIAA, AREF, AXA, Juilliard Corporation, NewActon, PGA and W Property.  We’ve included images to illustrate some of the projects involving the enhancement and refurbishment of commercial buildings.

N&B SERVICES

• Current market conditions and pricing;
• Detailed cost planning advice;
• Cost engineering;
• Condition assessments and performance reviews;
• Capital and operational expenditure forecasts;
• Net zero pathway reviews;
• Tax depreciation assessments;
• Schedules of Condition for new leases;
• Make Good Assessments for expiring leases; and
• Insurance Reinstatement Cost Assessments.