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๐Ÿ’ฅ How to prevent maintenance disasters?

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๐Ÿ’ฅ How to prevent maintenance disasters?

disasters defined | Market update | Q&A with Andrew Crosby

Georgie Fenwicke
Nov 3, 2020
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๐Ÿ’ฅ How to prevent maintenance disasters?

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๐Ÿ’ฅ No more surprises in 2020

maintenance disaster

noun. a calamitous event, especially one occurring suddenly and causing great damage or hardship.

โ€”

Most people overestimate what they can do in one year and underestimate  what they can do in 10 years" - Bill Gates : motivation

An Industrial property is built to last 50-60 years. Perhaps longer.

However, the property itself will need replacements and renovations across this time to prevent the need for a complete rebuild.

As Bill Gates points out above - as human beings - weโ€™re good at managing tasks with short term success in mind, but not necessarily the longer term.

Knowing what to look out for and how to maintain a site is the reason why we work with contractors so closely.

This helps us to avoid large unexpected bills and plan our CAPEX budgets with more precision.

At Frankie, weโ€™re passionate about helping our customers think about the lifecycle of a building and making smart economic decisions in this.

Over the next few weeks, weโ€™ll spotlight on what you can do to ensure that there are no more surprises in 2020.

๐Ÿญ Industrial market update

THE INDUSTRIAL PROPERTY REVOLUTION

The Industrial market is showing a number of interesting updates this month:

  • Jasper has announced their Industrial Income Plus Fund - click here for more information

  • Goodman Australia has raised $1bn for a busy acquisition

  • JLLโ€™s publication on the state of the Industrial sector in APAC is a fantastic read with good insights on the rise of ecommerce, importance of logistics in covid and a move to infrastructure investment

Our chat with Andrew Crosby at UDINZ

We sat down with the great Andrew Crosby to talk about the property industry and technology.

Take a read by clicking the image below.

#Worksmarternotharder

For this weekโ€™s #worksmarternotharder, weโ€™d like to present this incredible video that - we think - redefines the meaning of โ€œlaying pipeโ€.

Nga mihi,

Georgie, Aaron, Regi and Janick

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