Commercial Guidebook | Real Estate Investor Magazine Commercial Handbook 2013 | Page 20

IMPROVING BY GAYE DE VILLIERS It’s All In The Facade Keep vacancies low W hile the location of a commercial property is always of key importance, the appearance of the building plays a significant role in attracting and retaining tenants due to the perceived desirability of the venue, says Rudolf Nieman, managing director of JHI Project Management – a member of the Excellerate Property Services group. • Cracks, leaks and safety issues related to the facade of the building. Says Nieman: “A common occurrence is that a perfectly commercially viable building may develop vacancies because of problems created by a defunct facade or a facade that does not possess what is seen as a ‘timeless design’. For example, buildings in an office park with a particular theme may become dated over time as architectural trends change.” The cladding solution JHI Project Management and ARC Architects have embarked on detailed analyses of various methods of cladding dated facades of existing buildings. Pierre van Driel, senior partner at ARC, says that masonry facade refurbishment through cladding can be achieved using a variety of materials ranging from ceramic extruded profiles and large format porcelain sheets to composite recycled plastic and aluminium panels - or even concrete. He says factors relating to facades, which may impact negatively on the desirability of a commercial property, include: • Old fashioned appearance • The building does not keep abreast with ‘green requirements’ • The exterior of the building does not complement or keep pace with modern interiors, which are constantly upgraded/modernised via the ‘tenant installation’ allowance, as tenants move in and out of buildings. 18 Commercial Handbook 2013 Nieman says this disparity is especially noticeable in areas where new buildings are being constructed and defunct facades of existing and older buildings are highlighted in stark contrast to the more modern structures. “Each material provides its own U-value – which is the measurement of the material’s insulation capabilities. Depending on the fixing detail, when utilising a sub-frame system when cladding an existing building an air barrier is formed between the old facade and the new material. This lowers the heat gain through the facade fabric, which in turn raises the insulation properties of the facade. This reduces the load on the www.reimag.co.za