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Building Upgrade Tool City of M elbourne. Ed Brown. June 2013. Building Upgrade Tool. Tenant 1. Landlord. Tenant 2. Tenant 3. Tenant 4. Models the financial relationship between landlord and tenant. 3 key stages. Information requirements. Building Owner Report.
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Building Upgrade ToolCity of Melbourne Ed Brown June 2013
Building Upgrade Tool Tenant 1 Landlord Tenant 2 Tenant 3 Tenant 4 Models the financial relationship between landlord and tenant
Tenant perspective Tenants: • are invited by the landlord (via email) • see financial position from their perspective • can adjust the same variables as the landlord
Remember… • The true benefit is more than just the ‘avoided costs’ • The benefit is an upgraded asset which: • is more attractive to tenants (short voids, improved rentals) • has an improved NABERS rating • is hedged against future energy price rises