The future of dilapidations? It’s here already.
The recent Dilapidations Forum Conference looked ahead to the dilapidations landscape in 2027. TFT Partner Paul Spaven and Chairman of the RICS Dilapidations Forum Steering Group summarises the issues in the December 2017/January 2018 issue of RICS Building Surveying Journal.
Supersession: Mitigation and Causation
Supersession can be a largely undefined dilapidations concept. The two principles of mitigation and causation can be used to define the assessment of damages in dilapidations disputes. Our new White Paper, Supersession: Mitigation and causation, considers these concepts in more details.
Dilapidations: Preparation and Negotiation
An e-learning CPD training video providing a background to dilapidations for all RICS surveyors and the M&E community.
TFT’s paper on dilapidations ADR identifies the options available in the UK
An article by Jon Rowling, who heads TFT’s dilapidations, service charge and dispute resolutions services, identifies alternative forms of dispute resolution for dilapidations disputes in the United Kingdom. Published in the Journal of Building Survey, Appraisal & Valuation Volume 6 Number 2, it suggests that the various forms of ADR should always be considered as a preferable approach to litigation.
New Cardiff research paper published
Cardiff’s long history as a capital and industrial city has submitted to global economic change in recent years. A period of relatively poor economic performance and business investment has spurred a period of introspection. The emerging vision for the city’s future is ambitious and exciting. TFT’s newly published paper: ‘Cardiff: How property is helping the city rise to a new challenge’ reveals the changing urban fabric, the opportunities and challenges for the city’s property sector and how Cardiff’s growth will place demands on the existing infrastructure.
A masterclass in sustainable development
Pinnacle House in south-west London has been sustainably refurbished to a very high standard. In the latest issue of Building Surveying Journal (BSJ), TFT Partner Dan Henn explains how it was done.
MEES: A Changing Dilapidations Landscape
The implications for the commercial sector are wide reaching and pose some interesting questions about how landlord and tenant matters should be approached in the lead up to, and after 2018.
New research paper charts Edinburgh’s continued economic evolution
TFT’s latest research paper – ‘The role of property in delivering Edinburgh’s economic potential’ – is published today.
In common with cities across the globe, Edinburgh is seeing economic change brought about by the continued evolution in the interrelated areas of technology, corporate structures and working practices. The paper considers how the very particular characteristics of Edinburgh make it well placed to capitalise on these global forces of economic change. It also highlights how success depends on delivering scale and how Edinburgh’s commercial property market must deliver this scale if the city is to keep pace with the pressures of economic success.
Riverside Park Limited v NHS Property Services Limited
New guidance on whether internal partitions and other tenant works are chattels or fixtures; a cautionary tale for tenant lease breaks.
Lack of government incentives puts brakes on energy efficiency
80% of commercial property landlords claim a lack of government incentives is the single biggest barrier to widespread energy efficiency measures being introduced across UK commercial real estate, according to TFT, the leading property and construction consultancy, in the TFT Energy Survey 2016 published today.
With a confusing array of disconnected, individual energy regulations, a further 75% have said that the current regulatory framework is too complex to navigate. This comes even though an overwhelming majority of respondents to TFT’s first annual survey (92%) say that attitudes to energy efficiency have improved since the last recession.
Similarly, 90% are clear that energy efficiency is a higher priority in their portfolios than it was before 2008. However, only 35% of investors have introduced a formal energy management system or implemented energy efficiency improvements.
TFT Energy Survey 2016 is TFT’s first annual survey into the current barriers to delivering truly energy efficient real estate. Specifically targeting property investors and managers, it explores a range of key issues including whether energy efficiency has become a higher priority.