NB


	How good is your crystal ball? Can you predict unwelcome surprises that impact the annual maintenance costs of your property assets? Maintaining the fabric of a building is important to your tenants, not just to the value of the asset, but how can you ensure that it's kept in good shape without overspending your budget? Planning ahead is absolutely essential and at NB Real Estate, we can provide the strategy you need to keep a lid on service charge costs while also providing your tenants with the building quality they expect. If you're interested in learning more about Planned Preventative Maintenance please get in touch. Regards Bob Cooke Director, Building Consultancy T: +44 (0) 20 7544 2021 E: bcooke@nbrealestate.co.uk W: www.nbrealestate.co.uk

	Protect your assets Ignoring the repair and maintenance of your building and capital replacement of M&E components is a disaster. It can impact both the value of your asset and put your tenants' businesses at risk. Your tenants rely on you to keep service charge costs low, especially while their budgets are squeezed, but you need to maintain the value of your assets. What most people don't realise is that these two objectives need not be in conflict. We can help by taking these steps: - Assess the economic life and replacement cost of building components - Advise on the cost benefit of replacement - Prepare annual Planned Preventative Maintenance plans (PPM) for the building structure and fabric and the M&E components - Prepare a capital replacement plan (known as the Life Cycle Plan) Email me or call 020 7544 2021 to learn more.

Reduce long-term costs

Did you know that you can keep a tight rein on service charge costs while maintaining the fabric of your property assets?

You may think that it's impossible to achieve both at one stroke but, with careful planning, it's not only possible but you can even reduce your long term costs.

Poorly maintained property can expose you to both legal and statutory risk and have a negative effect on customer service and asset value. But a programme of Planned Preventative Maintenance will protect the value of your assets and avoid unwelcome surprises.

Don't forget, too, that contractor prices have fallen so it makes sense to ensure your property assets are repaired now and ready for sale when the market picks up.