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charge and breakdown the barriers between traditional roles (financial, commercial and practical) that
                 come with a dedicated in-building wireless system.

                 The  landlord  as  owner  of the  installation  is  responsible  for  maintenance of  it and  bears  the  capital
                 investment to install the software and wire the building.  If the landlord invests in a SMART system data
                 can be collected which would be the property of the landlord.


                           Advantages of Neutral Host                     Disadvantages of Neutral Host

                Provide choice (access to multiple carriers)          Big upfront cost
                Landlord owns the installation                        Landlord  is  responsible  for  system
                Income generation belongs to landlord                   maintenance
                Choice may enhance value of the property              Data  will  be  stored  in  cloud  at  the
                                                             26
                Possible to implement smart connection to (IOT )        installing company
                Landlord owns the data being collected
                Complete control over wi-fi real estate

           15.23  Internet & Wi-Fi strategy:   ‘Carrier installation’   e.g.,  BT

                 Here the carrier purchases and installs the system at no cost to the landlord and owns the installation
                 thereafter.  The  carrier  takes  the  risk  and  holds  responsibility  of  the  system,  and  is  the  only  one
                 collecting the subscription revenues.  Furthermore, in a SMART it will be the carrier company who will
                 own the data being collected. This solution will still serve as a value adding service to the site.   As an
                 example, typically BT will offer a £47 per unit rebate as a landlord incentive.

                      Advantages of Carrier                      Disadvantages of Carrier


                    No capital outlay             Committed to the carrier who owns the installation

                    No maintenance costs          Not able to own/collect big data


           16.0  Insurance

           16.1   Buildings insurance: Ringley can achieve rates of around 7.5p per £100 for buildings insurance on large
                 scale purpose built developments.  Increasing the excess will reduce the premium. In a ‘Build to Rent’
                 situation where insurance excesses will either be a landlord responsibility or recoverable from a tenant
                 due to neglect this makes sense.

                 The  objective  in  negotiations  will  be  showing  drawings  and  strategy  documents  to  prove  that  the
                 building  is  designed  under  ‘stacking  principles’    (bathroom  on  top  of  bathroom,  kitchen  on  top  of
                 kitchen) and that it is designed to cope with certain types of leaks, e.g.,
                   toilet overflows feeding into WC pans,
                   washing machine cupboards being raised and draining into wet room floors (usually the adjoining
                     bathroom),


        26   IOT  -  Internet of Things


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