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5 reasons re-loving old buildings makes dollars and sense

ROUND UP: Phillip Lukin, Rachel Jackson and Elisha Long share five things you might want to factor in if you want to make a business case for re-loving a building.


1. Spend less on branding

These days, property is all about placemaking. But if you are creating a new asset, you might spend thousands of dollars on advertising and marketing to create a unique identity that positions the building in the marketplace.

In contrast, existing buildings already have an identity and a place in the local mental map of an area. As Phillip Lukin, Wilson Architects Associate explains, the re-love process is often about pushing a building back into the forefront of the public’s mind.

Read the full list on TFE Special Reports.

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