A city-centre office scheme in the north of the UK – but which could be anywhere in the country – seeks to turn a tired workplace into a future-proof commercial asset. Let’s call it “Project Transformation”.

The modern market demands high performance, lower operating costs, alignment with corporate ESG goals and an attractive occupier experience. These are widely considered as essential requirements, but this asset – like much of the UK’s building stock – lags behind on almost every front.

The ideal route to future-proofing similar types of assets will involve the full commitment of investors and vacant possession of buildings. But, in the real world of tight budgets and complex leasing arrangements, detailed technical insight about the condition and potential of an asset can still chart a course forwards.