Investa adopts national fire strategy for its $12 billion property portfolio

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Investa, one of Australia’s leading commercial real estate companies, has partnered with Grosvenor Engineering Group (Grosvenor) to implement a national fire strategy across 30 commercial buildings located in Brisbane, Sydney and Melbourne.

This is the first time Investa has implemented a national approach to maintain fire assets and implement new compliance measures across its $12 billion (end value) property portfolio.

Investa general manager of facilities and services Paul Vandervlis says the organisation’s national fire strategy will provide transparency over the performance of commercial assets and enable the company 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 national service line manager Mitch Edwards says the adoption of a national approach will allow Investa to make more informed decisions and react more quickly in an emergency.

“The detailed strategy encompassing maintenance, repairs and capital expenditure will be recorded and tracked against all assets to present an overall picture of the portfolio.”

The national fire strategy will cover tolerance testing metrics for compliance in accordance to AS1851 – 2012; detailed capital expenditure planning for all fire assets for each building and all of the testing tasks within AS1851 – 2012 for systems, assets and components.

Investa and Grosvenor are also working on additional initiatives including fire analytics and obscuration reporting and management. The contract with Grosvenor is for five years.

 

Image credit: 123RF’s Apichart Thodrat © 123RF

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