Any buyer or investor likes to be 100% sure that all aspects of the property is evaluated and is in line with when they plan to buy or invest and for this reason, Investors/Occupiers always opt for a pre-purchase Due Diligence to optimize their investment value.
Technical Due diligence can unravel crucial facts, so that they do not have to be surprised of unforeseen facts post-purchase/invest. Mechanical, Electrical and Plumbing (MEP) Services are the key factors which define efficiency of building. Energy consumption in buildings is directly attributed by MEP Services and system. In most of the cases, equipment or services need repairs, refurbishment, upgradation or complete replacement to reduce energy consumption and improve the performance in the property. Only experienced MEP specialist engineers can do a thorough diligence and audit and suggest the most effective solutions which are suitable for property and also advice methods to minimize the operational and maintenance cost. In detail analysis of existing infrastructure and suggesting the effective Building Management System (BMS) are essential for safety and efficiency of the building, as well as well-being of the occupants.
Every building is unique! The effort required for MEP Services due diligence differs from one property to the other, there is no one-size fits all strategy. Older and inefficiently designed buildings require significant upgradation, whereas new property with well-designed infrastructure requires minimum upgradation.