HCEL are experienced delivering all types of structural engineering seismic assessments (IEP and DSA) all around New Zealand.
Earthquake Prone Buildings potentially have problems including:
difficulty attracting tenants and signing up long leases. This is due to the Health and Safety at Work Act (2015) and Directors responsibility to provide safe workplaces;
convincing banks to loan money against it;
facing the prospect of strengthening;
the assets value is much less in this condition.
Through experience we understand the commercial realities around commercial and industrial real estate and can advise and assist you to reduce your financial risk exposure.
Talk to us first. Take advantage of our no-obligation initial consultation.