Laws & Standards

All jurisdictions have laws governing the construction and management of commercial real estate to ensure minimum efficiency, sustainability, comfort and safety levels for buildings. Laws also govern how property is transacted, which differs between jurisdictions, so it is important to understand which ones apply in whichever area interests you. Regulations affect how different property types are measured and valued. On the other hand, compliance with some recognised standards is conventional and voluntary. For instance, green certifications provide guidelines for assessment and motivate owners to improve their properties by introducing a degree of competition for higher levels of achievement. These include environmental standards such as BREEAM, HQE, DGNB, LEED and Valideo. Several awards programmes such as architecture competitions also assist with creating a property culture that strives to meet not only accommodation but also aesthetic and sustainability goals.

RICS Surveyors to use IPMS for Offices in 2016

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Did you know? RICS Chartered Surveyors can now apply International Property Measurement Standards (IPMS) in Luxembourg. The BACS (Belgium Luxembourg Association of Chartered Surveyors) code of measuring standards, currently widely used in Luxembourg, will be replaced by IPMS in January … Continue reading

The RICS Chartered Surveyors are Coming!

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Congratulations are due to Laurent Pedrini, our Manager – Corporate Real Estate Services, who has joined the swelling ranks of Royal Institution of Chartered Surveyors (RICS) Chartered Surveyors at RealCorp. When did you receive the qualification? I passed the RICS … Continue reading

To Lease or Own Commercial Real Estate?

Posted in Acquisition, Asset Mgmt, Laws & Standards, Newslett./Feat. Properties, Property Finance, Real Estate Expertise | Tagged , , | Comments

The commercial real estate industry has been slow to embrace social media. However, many useful articles appear online if you know where to look. One blog post recently discussed at RealCorp is “The Pros and Cons of Leasing vs Owning”, … Continue reading

Real Estate Due Diligence – Yes We Can!

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What is Due Diligence? Investing in real estate brings great rewards… partly because there are great risks. But you can protect your investments in advance. A Due Diligence assessment (known in the industry simply as a “Due Diligence”) is the … Continue reading

Agency Head Now an RICS Chartered Surveyor

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Congratulations to Tehdi-Edouard Babigeon! Our highly experienced Head of Letting and Sales has put another feather in his cap with his recent qualification as a Chartered Surveyor through the Royal Institute of Chartered Surveyors (RICS). We asked Tehdi why he … Continue reading

Global measurement standard for Luxembourg?

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A recent article in The Real Deal about the proposed new global measurement standards for property* announced that New York City is not keen on the idea. Writer Hiten Samtani summarises the purpose of the initiative thus: The hope is … Continue reading

Sustainability leads at DGNB Consense 2014

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Christophe Daudigny is all revved up! He is a certified DGNB Consultant, so of course he’s convinced about the energy and cost savings that sustainable buildings can achieve. But since he represented RealCorp at the Consense 2014 conference (1-2 July) … Continue reading

Market Sector Focus: Findel Airport Area

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As in many countries, the vicinity of the airport is the ideal environment for many companies with international reach. Attracted by the space available in the Findel Airport Area, and by the efficient gateway between international markets created by the … Continue reading

DGNB: The Highest Green Standard in Luxembourg

Posted in Laws & Standards, Newslett./Feat. Properties, Project Mgmt, Real Estate Expertise, Valuations | Tagged , , | Comments

German tech is famous for its high quality standards. Germany first granted certificates for sustainable buildings in January 2009. Standards for these certificates were first developed by the DGNB (Deutsche Gesellschaft für Nachhaltiges Bauen e.V. or German Sustainable Building Council) … Continue reading

Office layout: What you need to know

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Office layout: what space to choose and how to fit it out? In the life of a company, its premises are as important as its activity and the people it employs. A reflection of its culture, a company’s offices must … Continue reading