COMMERCIAL PROPERTY CONSTRUCTION COSTS TO INCREASE

Tender price inflation continues to rise in the construction industry, and in particular tender prices for commercial property projects. Commercial buildings now fall in to the new NZEB regulations and as a consequence their overall energy efficiency must be improved. Commercial property building owners will be expected to implement renewable energy sources in the form of solar energy, solar shading, bio-fuel CCHP plant and also improving the thermal efficiency of the building fabric – walls, doors and general airtightness. If you own a commercial property and are due to undertake a refurbishment project, contact one of our construction managers to get the correct advice to ensure your project is carried out in accordance with the new regulations.