Date published: 01.09.08 - not release date

CHARTERED SURVEYORS TO VALUE AIRSPACE

Red-M calls for greater awareness of wireless airspace as chartered surveyors value ‘intangible assets’

Red-M Group has called for greater awareness of wireless airspace amidst announcements that the Royal Institute of Chartered Surveyors’ (RICS) valuation bible, ‘The Red Book’, now calls on members to consider intangible assets when assessing the true value of a property.

Bricks and mortar have previously been the focus of RICS members, but the new guidelines also consider assets such as use of space and energy efficiency. According to wireless infrastructure specialists, Red-M, surveyors and property owners should look further still when considering intangible assets.

“The airspace surrounding any building, if properly managed, can be a valuable asset for property owners, “explains Red-M’s Chief Executive Officer, David Richmond. “If this asset is unmanaged it creates risks, as multiple users trying to share a finite resource can experience interference and system degradation of mission critical systems. Well managed airspace can deliver additional business revenue directly and indirectly and also increase the overall value of the building”.

By taking control of the wireless activity in the airspace in and around a building, and then offering it as a service to other organisations and individuals, it is possible to create competitive advantage and a revenue-generating asset that will help to raise the value of the property.

Applying Red-M’s Total Airspace Management (TAM) approach will provide commercial property developers, landlords and tenants with the strategic framework and solutions needed to design, implement and manage today’s complex and challenging multi-spectrum wireless environments.

For further info about using wireless airspace to increase the value of your property, contact Red-M on +44 (0) 1403 211 100.


About Red-M Group Ltd

Red-M designs, delivers and manages multi-spectrum wireless infrastructures in challenging environments, for mission-critical applications. The company’s portfolio of services, delivered using a structured approach known as Total Airspace Management (TAM), is underpinned by unique software tools specialist wireless knowledge. Red-M’s TAM approach has been applied for major enterprises, network operators and the public sector. The Red-M Group was created by the merger of Red-M (Communications) Ltd and CDS Ltd, founded in 1999 and 1995 respectively.

Visit www.red-m.com