Westfield Shopping Centres in London
Reinstatement Cost Assessments and Measured Surveys
RCAs for retail, restaurant, car parking and hotel accommodation.
| Client | Westfield Europe Ltd |
| Sector | Retail |
| Value | £3.79bn |
| Services |
Reinstatement Cost Assessments Measured Surveys and Area Referencing |
Reinstatement Cost Assessment and Measured Surveys services for largest shopping centre in Europe
We were instructed to provide reinstatement cost assessments (RCA) for Westfield’s two premium retail shopping centres in London at White City and Stratford, including retail, restaurant, car parking and hotel accommodation. The scope included an extension development that at the time was nearing completion at White City, making it the largest shopping centre in Europe.
We carried out detailed inspection of all tenanted and common areas, and prepared reinstatement cost assessment reports including apportionment break-downs for the retail tenancies, to assist the head of risk management in future planning. Our Measured Survey team also undertook an off-plan exercise to determine the areas of each of the different space usages to feed into the RCA.