Painting products is a complex chemical product. The chemical process of paint film are vulnerable to the elements, humidity, solvent and craftsmanship. If the painting materials are contaminated, the mixing of solvent is incorrect proportionally, the drying condition and elements are unfavourable, the entire subsequent painting film drying process will become unpredictable.
GBE reads the Propertyweek. GBE lead Austin Avenue project and have known many buildings in Hong Kong usually was not built with extra E-power; not with adequate ventilation ducting. Worse still, the louvres provision are limited by the pre-dominated needs for beautiful windows and the clear headroom is typically low for better GFA. This makes health sector be difficult to find right premises even this asset class is deemed to be the resilient and perform well in R.O.E.
There are a ranges of terms from “Usable Floor Area / space – UFA , “Saleable Area – SA ” , “Gross Floor Area – GFA “, ” Internal Floor Area – IFA” , “Common Area – CA”, “Lettable Area – LA ” and “Construction Floor Area – CFA” to describe and present the “area” of the space in numerical way. The confusion of amongst these terms stems from the different definition of their respective legal context, code of practice and the application. In short, “Usable Floor Area” is originated from Buildings Ordinance for population estimation in a proposed space whereas the Saleable area is for property conveyance in First Hand sale. The “Common Area” is the idea coming from Deed of Mutual Covenant and Building Management Ordinance. On the contrary, “Construction Floor Area” is for construction cost estimation and this area covers also the ceiling and wall face area.
Hong Kong Institute of Surveyor has published the “Code of Measuring Practice” MPracticeCode-199903 (1) There has laid some quick understanding to the “area”.
GBE keeps abreast with market. Share-office markets appears to be crashed by pandemic. The capex injection for asset enhancement in return for future uplifting the accrual income in book apparently does not work. Office conversion to shared space involving right layout design, positioning the openable window, IT infrastructure, air treatment and circulation, Fireman staircase interchange, Beverage corner, right billboard, right elevator access and washroom facilities. These are all inter-acting factors for successful operation from Professional Building Surveyor
Mingtiandi reported Softbank pulled out from WE-WORK india
Bloomberg reported 23 April
GBE makes things happen with right to cost and quality.
GBE is dedicated to upgrading food factory services so as to enhance the robust mass production scheme.
Respond to C-19 pandemic.While many feel frustrated to the pandemic, “Amazon” has identified the significant up-soaring of fresh food groceries. Mckinsey reported the large-leaping of health-related products demand in China. GBE sees the derived demand for logistic, particularly the hidden demand for cold storage warehouse sitting along the major traffic route. GBE experienced the technical essence of cold storage is multiple.high ceiling warehouse; thermo-control partition wall;energy efficiency colding; loading/unloading space; cargo,water proof finishes.
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GBE finds there are many variation of habitation Nowdays. From Financial Times, the studio apartment sized averagely at 37sq.m in UK. The smallest in Tyoko is 8sq.m. GBE finds one new recent development in Tuen Mun (HK) at 16sq.m.
Interestingly, some other habitation asset class like extended stay, co living, micro living offer alternative trend. The additional density in these assets uplifting the rents income per square foot but keeps the affordability to tenants.
GBE experienced the technical hurdles to unlock this rental premium potential are windows provision; HVAC, hygiene control, IT system;compliance, floor efficiency.
GBE reads from Bloomberg and Mckinsey. GBE believes the hit to retail may find the way out by online and personalisation approach. Shopping malls need to boost up the customer experience with strong mixture of cultural-element to XYZ Gen.
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GBE acquired new tech to assist our service and overcome the difficulties. We used drone to review the landscape from different level and assisted client to analyze and make most suitable decision to its windows arrangement.
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