Asset Management stories
Councils face pressure to back long-delayed water reforms as NZD $761 million in funding is tied to fixing ageing networks and service failures.
Hospitals need GBP £14 billion over the next decade to fix ageing assets and close major infrastructure gaps, the report says.
Regional blocs and national champions could leave infrastructure slower to innovate, more monopolistic and less resilient as climate risks mount.
Bridge checks could become cheaper and more consistent as Waterloo researchers use autonomous robots, cameras and lidar to spot defects.
Health and hygiene measures are likely to become permanent fixtures as the COVID-19 outbreak pushes employers to rethink office design and indoor air quality.
Market turmoil has scuppered Centuria Capital’s NZD $180 million bid for Augusta Capital, sending the fund manager’s shares down 8.3 percent.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
Without user charges, the new drinking water regulator could still leave New Zealand councils struggling to fund overdue upgrades and growth.
Sensors, drones and automation are reshaping building upkeep, with smarter systems promising lower costs and better occupant comfort.
Uncertainty over project timing is hampering hiring and investment, with 77% of contractors wanting a clearer pipeline of government work.
The real gains will come from analytics and workflow software, not from simply adding more connected sensors to buildings.
Clients on mega-projects could see fewer overruns as an alliance deploys AI to flag risks earlier and improve decision-making.
With population growth and climate change mounting, utilities are rolling out new operations, reuse and safety measures to secure future supply.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
Severe drought is accelerating demand for leak detection and pipe refurbishment as Australia tries to protect water supplies across vital networks.
The survey cut inspection time to a day per tank and reduced scaffold-related risks, as the ship sat in Singapore for ABS checks.
Labour shortages and rising costs are pushing construction firms towards telematics, with 79% already using the software to track fleets and cut fuel use.
Contractors say New Zealand’s ageing water networks need faster decisions, after ministers deferred reforms and left regulation unresolved until late 2019.
Pressure is mounting for councils to focus on community wellbeing as water reform exposes funding and delivery gaps in local services.
Government-backed registration for Wellington’s first BIM conference has already drawn more than 150 expressions of interest from the sector.
