Paul Spaven

TFT dilapidations expert on tour

Paul Spaven, dilapidations specialist

Keen to keep up-to-date on the latest changes from L&T, valuation, dilapidations and planning? Paul Spaven, one of our resident dilapidations specialists, joins property’s other leading lights on tour and will be covering ‘Dilapidations – pressures, pitfalls and opportunities’.

Run by Pro Conferences, the well-attended Current Property Issues 2018 has spots left at their remaining dates across the country, find yours here.

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.


TFT flushed with success

Image: Business Leader, 2017

TFT have just completed Technical Due Diligence on behalf of Korean clients of Knight Frank Investment Management ahead of their acquisition of 10 Canon’s Way, a landmark office building adjacent to Bristol’s Floating Harbour. This is one of the largest office spaces in Bristol, providing 16,408m2 over 5 floors, including a central atrium. TFT also undertook an M&E review as part of the TDD work and provided a reinstatement cost assessment.

What is really unusual is that 10 Canons Way is cooled by water extracted from the Bristol Floating Harbour, which is the non-tidal reach of the River Avon. It is believed to be the only building currently cooled in this innovative and sustainable way on the harbourside.

However, it is unusual but not unique. TFT Partner Paul Spaven, who undertook the due diligence work at Canon’s Way also provided Technical Due Diligence for the recent acquisition of a new headquarters building for a private bank in Geneva. This was interesting in that there are seven storeys above ground and seven below ground although the real interest is that it is also cooled by water from Lake Geneva nearby.

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 speaking at RICS Dilapidations Forum Conference 2017

TFT Partner Neil Gilbert will be speaking at this year’s RICS Dilapidations Forum Conference in September. Neil will review the RICS dilapidations guidance note, now in its second year, and debate whether the dilapidations process has improved and whether settlements have been achieved any quicker.

Jon Rowling, TFT’s Head of Dilapidations will also be speaking as a panel member about supersession.

The Conference itself will be chaired by TFT Partner Paul Spaven. More details can be found here.

TFT at MIPIM for the 20th year

TFT will once again be out in force at MIPIM this year. David Mann, Alan Pemberton, Dan Henn and Paul Spaven will all be in attendance at Cannes and putting their best foot forward along the Croisette.

On the agenda for meetings this year will be Technical Due Diligence (TDD) and how we deliver objective advice to manage risk, inform the transaction process and establish the inherent worth of the property or portfolio on acquisitions in the UK and across Europe. We will also be discussing Project Management, combining the discipline of project management with a thorough understanding of building construction; helping investors, lenders, developers, owners and occupiers achieve best value from their property assets. Get in touch if you would like to meet up.

TFT Bristol Partner completes epic Indian motorcycle road trip for Usha Kiran Eye Hospital

Paul Spaven has completed an epic 2,000km charity road trip around central Western India on a Birmingham-designed, Chennai-built Royal Enfield 500cc motorcycle, raising money for the Usha Kiran Eye Hospital in Mysore.

Paul Spaven, commenting on his epic journey, said:

A delicate operation to restore a baby’s sight costs only £120 and, thanks to the generosity of The Rotary Foundation, it means an individual donation of merely £40 guarantees a new-born baby its sight. This is a cause close to my heart as I suffer from a congenital cataract.

Our mainly off-road trip covered over 2,000km in sweltering temperatures. It was a real privilege to work with Rotary colleagues from across the globe – Australia, Sweden, USA, New Zealand and UK – in India as we took in coffee plantations, temples, waterfalls as well as enjoying the hospitality of our Rotary hosts.

The cost of flights, bike hire, fuel, kit, accommodation and food were all paid for by Paul. Every extra pound will now go directly to charity. Please give generously by clicking here.

TFT hits the ground running at MIPIM Asia 2016

Paul Spaven, Partner, is once again attending MIPIM Asia in Hong Kong this week. Last year, Paul was the only UK building surveyor to attend this major real estate summit which gathers together top-level property professionals from all sectors.

How many geese were a-laying in the Twelve Days of Christmas?

TFT are pleased to be sponsoring the Rotary Club of Bristol Breakfast’s Christmas Charity Quiz for 2016. This takes place at Brasserie Blanc, Cutlers’ Hall, Cabot Circus, Bristol on November 22. Bristol Partner Paul Spaven will be the quiz master.

New guidelines to tackle conflicts of interest – TFT outlines the issues

A recent article by TFT Partner Paul Spaven in the Asia Edition of RICS MODUS magazine examines conflicts of interest in the industry and how RICS has now formed a new advisory working group to develop new guidelines on conflicts of interest. Read the full article here.