As a building developer, precast concrete offers you high quality, low risk builds that come in on budget and meet deadlines. Precast allows you to mitigate your investment risk and increase your ROI from buildings that are built fast and tenanted quickly.
The inherent properties of precast concrete result in a resilient and long-lasting structure that provides a greatly increased service life. It is this longevity and resistance to both everyday and extreme events that impresses institutional investors and other funding bodies.
Precast structures are strong and durable, standing up well to everyday wear and tear. Unlike many other construction products precast does not require regular painting or treatments to protect it against corrosion and maintain its aesthetic appearance. Precast does not warp or shrink, will not suffer from rot or fungus and is inedible to termites and rodents.
Precast concrete construction produces a fast, reliable return for investors. Precast’s fast construction time means commercial, industrial and residential tenants can move in sooner. Precast further helps to keep costs down by often attracting lower insurance premiums, particularly in ‘high risk’ areas such as those prone to fire, flood or burglary.
Whether for residential or commercial use, or even increasingly for prisons, precast provides protection against break-ins and even break-outs. Precast can’t be easily cut open and is extremely resistant to impact, reducing the fear of crime and protecting tenants livelihoods.
Precast concrete is a strong, high quality product. Precast does not erode or rot making it highly flood resistant. Precast does not rust or corrode standing up to the harshest of environments. Precast is weather proof standing up well against rain, storms and cyclones. Precast is resistant to termites, rats and other vermin greatly reducing the chance of infestation. Precast is fireproof, it does not catch fire or burn, in fact a fire is 10 times less likely to develop in a precast structure.
Precast concrete’s robust and resilient nature leads to it being utilised in many high-profile projects and buildings. Tenants are attracted by precast’s contemporary architecture and outstanding performance qualities. Precast is particularly well-placed in city locations where the solidity and sympathetic appearance of precast structures reflect the commercial businesses inside.
Precast construction offers superior thermal & acoustic performance offering a thermal mass benefit that is unrivaled by any other construction material on the market. Precast reduces heating and cooling costs and greatly reduces acoustic disturbance, particularly important in multi-tenant buildings. Precast’s superior performance helps to attract and keep quality tenants.
A range of sustainability benefits can be realised through use of precast.
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Like to learn more about the potential of precast concrete? Check out our Little Book of Concrete or our Minimising Investment Risk brochure.
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