SPM Assets
19 Case Studies
A SPM Assets Case Study
Wellington City Council faced a significant challenge managing its $750 million property portfolio, which was deteriorating at an estimated rate of $2 million per week. The council needed an evidence-based approach to inform long-term planning and decision-making for its diverse assets, including 2,200 social housing units. To address this, they partnered with vendor SPM Assets to implement a comprehensive asset management solution and build detailed Building Information Management (BIM) models.
SPM Assets provided its asset management software, which was configured to the council's specific metadata standards. The vendor also project-managed the condition assessment and data collection for the housing portfolio. This solution enabled advanced analytics and data integration, forming a complete BIM system. The results were substantial, with Wellington City Council reducing its infrastructure renewal spend by approximately $100 million in its long-term plan. SPM Assets provided the foundation for a clear 30-year infrastructure strategy, allowing for evidenced-based decision-making and better portfolio management.
Rob Ashley
Asset Planning Manager