A coordinated series of surveys and technical reports.
CASE STUDY / 01
Passporting a banking portfolio
How a consistent methodology turned diverse buildings into comparable technical data for asset management and investment planning.
12Buildings
02Countries
€1.85MIdentified CAPEX
THE SITUATION
A banking institution needed a consistent technical picture of twelve office and branch buildings in two countries. The assets differed in age, refurbishment history, building systems and document quality. Stand-alone descriptions were not enough: management needed information that could be compared across the portfolio.
The client name, exact locations and detailed findings are anonymised. Financial values are shown only as aggregate CAPEX for the portfolio.
VERIFIABLE FACTS
The scale that gives
the study context.
The facts are drawn from twelve individual technical reports. The bank and exact addresses are withheld to protect the client's security, operational and portfolio information.
Office and branch assets of different ages and technical standards.
A two-country portfolio assessed under one methodology.
Fabric, building services, records, maintenance, service life and CAPEX.
From well-maintained assets to serious cracking, damp basements and critical areas in selected buildings.
Short-term horizon (2024): €300,700 · Medium-term horizon (2027): €328,500 · Long-term horizon (2030): €1,224,500.
OBJECTIVE
The same questions.
Comparable answers.
Every building was assessed using the same logic. Differences in technical design did not prevent a consolidated portfolio view.
Building fabric
Structures, roofs, facades, basements, moisture, cracks and visible defects.
Building systems
Heating, cooling, ventilation, electrical systems, lifts and fire safety.
Documents and maintenance
Design records, inspections, statutory checks, service records and periodicity.
Service life and investment
Remaining life of major systems and a short-, medium- and long-term cost plan.
OUR APPROACH
From individual assets
to a portfolio view.
The key was not only inspection detail, but consistency in naming, rating and timing the findings.
Data standard
A common structure for chapters, systems, defects and recommendations across all assets.
Surveys and records
Inspection of accessible building areas and cross-checking of inspection and service records.
Service life
Estimate of the remaining life of heating, ventilation, cooling, electrical systems and lifts.
Portfolio priorities
Prioritisation of technical and documentation issues by impact and urgency.
PORTFOLIO PICTURE
Not just defects.
Also management quality.
The common assessment showed that buildings of similar age can have different risk profiles depending on maintenance, records and refurbishment.
Uneven record completeness
Some assets required additional fire-safety, inspection or service records before their status could be closed with confidence.
Different investment horizons
Boiler plants, cooling, ventilation, electrical components and lifts were at different life-cycle stages and required different renewal timing.
Local issues, systematic overview
Basement moisture, degraded finishes, cracks and roof details were assessed by severity and the need for further specialist review.
One priority view for management
The portfolio could be managed by urgency rather than by which building had the longest list of individual findings.
AUDICO EXPERT PERSPECTIVE
For a portfolio, comparability matters as much as technical detail.
If every building report follows a different logic, management receives twelve reports but not one portfolio picture. We therefore used the same language for condition, constraints, missing records, service life and investment timing. Only then can urgent interventions be separated from work that can be coordinated in a longer-term plan.
AUDICO expert team · ISEI, s.r.o.CLIENT DELIVERABLE
Data prepared for
management and CAPEX.
The client received a consistent technical passport for each asset and a common basis for portfolio-wide renewal planning.
- 01Condition and priority summary for each asset
- 02Register of technical and documentation risk
- 03Remaining life of major systems
- 04Short-, medium- and long-term CAPEX
- 05Comparable basis for portfolio decisions
The scope of each passporting engagement is tailored to its purpose, asset access and available record quality. Not every client commissions every module.
FREE CONSULTATION
Need to map an
entire portfolio?
We will define a consistent methodology, pilot asset and deliverable for both technical and investment teams.
info@audico.sk ↗