“If you can keep your head when all about you are losing theirs. . . Yours is the earth and everything that’s in it…” …Rudyard Kipling

 

While markets across all industries are in a state of stress and chaos at the moment, it is now that the true industry leaders will prove themselves as they keep sight of the business fundamentals that underpin long term profitability.   Cost management is the key focus and due diligence in all business aspects is required, not just to survive but to consolidate for the future when conditions improve.  The skill is to trim the sails and stay in the race.

 

There are restrictions on capital funds and a degree of talk about delaying projects and cutting back on capital works programs. Environmental sustainability for some businesses has taken a back seat as recovery is worked out and debt and financing options are reviewed.

 

To maximise return we must continue to focus on sustainability and the opportunities to advance in this area to meet future tenant and regulatory demands.  The danger of short term cost cutting is that the long term positioning of the building can be compromised as the demand for sustainable, energy efficient and star rated buildings increases.

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