Investa has embraced a national approach to fire safety, safeguarding $12 billion in assets and implementing new compliance measures.
Investa has partnered with Grosvenor Engineering Group 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 property portfolio.
According to Paul Vandervlis, Investa’s general manager for facilities strategy, a national approach will give Investa “complete transparency” and the ability to make informed decisions about fire assets.
Advantages include “reviewing performance analysis reports on a daily basis”, greater control over budgeting based on “up-to-the minute data” and access to a live dashboard across all buildings.
Grosvenor’s national service line manager Mitch Edwards says “fire safety is the first line of defence in protecting buildings”.
“By adopting a national approach, Investa will more easily be able to extract critical data to make informed decisions and react more quickly if there is 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.”
Investa and Grosvenor, which have a five-year contract in place, are also working on fire analytics, obscuration reporting and management.
Grosvenor maintains hard assets for more 17,000 facilities across Australia and oversees $2.2 billion in assets under management for large corporate companies.
Investa’s portfolio of 36 buildings provides working space for 850-plus businesses around Australia.