This article is from the Australian Property Journal archive
INVESTA has partnered with Grosvenor Engineering Group to implement a national fire strategy across 30 commercial buildings located in Brisbane, Sydney and Melbourne.
It is the first the group has implemented a national approach to maintain fire assets and implement new compliance measures.
The portfolio has an end value of around $12 billion.
Investa’s Paul Vandervlis, general manager facilities services, said the strategy would bring complete transparency over the performance of its assets, and the ability to make informed decisions in relation to fire assets.
“Significant advantages include better commercial decisions on either continuing to maintain the asset, repair or replace it; reviewing performance analysis reports on a daily basis; better control over budgeting based on up-to-the minute data and access to a live ARMS web dashboard across all buildings.”
Grosvenor maintains hard assets for over 17,000 facilities across Australia, and oversees $2.2 billion worth of assets under management.
Heightened discussion around fire and building safety has resulted from the Grenfell Tower tragedy in London two years ago, as well as fires at the Lacrosse tower and the Neo200 high-rise apartment buildings in Melbourne in recent years. That has prompted government investigations into the use of flammable cladding in the construction of buildings across the country.
