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Corporate Due Diligence

Office Site Selection Criteria: MNC and Professional Evaluation Framework

Comprehensive evaluation framework for office site selection — structural adequacy, fire compliance, power reliability, lift quality, parking, floor plate efficiency, security, accessibility, and how MNC standards differ from local norms.

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Office Selection: Beyond Location and Rent

Office site selection is one of the most consequential real estate decisions a company makes. The wrong choice creates years of operational friction, safety risk, and financial exposure. A professional evaluation goes far beyond location and rent per square foot — it systematically assesses the building's fitness for purpose across structural, safety, services, and operational dimensions.

Evaluation Framework — 15 Dimensions

DimensionMNC StandardLocal Norm (Dhaka)Red FlagWeight
1. Structural AdequacyBNBC 2020 compliant, RVS score >2.0RAJUK approved, visual OKPre-1993 design, no structural drawings, added floorsCritical
2. Fire SafetyNFPA-based, sprinklers, alarm, 2+ exitsFSCD licence, extinguishers, exit signsSingle staircase, no alarm, locked exits, no sprinklers in high-riseCritical
3. Electrical SafetyIEC 60364, earthing ≤5Ω, RCCBs, panel auditWorking power, generator backupEarth >10Ω, exposed wiring, no RCCB, panel in poor conditionCritical
4. Power ReliabilityGenerator 100% backup, UPS for IT, ATS testedGenerator available, manual changeover OKNo generator, untested ATS, generator fuel <8hr reserveHigh
5. Lift Service≥1 lift per 3 floors, 90s max wait, EN 81 maintainedLift available, serviced "regularly"Single lift in high-rise, >3min wait, no maintenance recordsHigh
6. HVAC/VentilationCentral AC or VRF, fresh air per ASHRAE 62.1Split AC, no mechanical ventilationNo fresh air intake, no temperature control, musty smellMedium-High
7. Floor Plate Efficiency65-75% net-to-gross, regular shapeVariable, irregular common<60% efficiency, too many columns, irregular shapeMedium
8. Floor Loading2.5 kN/m² (office), 5.0 kN/m² (server room)Often unknownUnable to verify, no structural drawingsMedium
9. Ceiling Height≥2.7m clear (3.0m slab-to-slab)2.5-2.7m common<2.5m clear height after ceilingMedium
10. Parking Ratio1:50-70 m² (Dhaka standard)Varies widely, often inadequateNo basement, street-level only, no visitor parkingMedium
11. SecurityPerimeter control, CCTV, manned lobby, access controlGuard at gate, register bookShared lobby with retail, no CCTV, no access controlMedium
12. AccessibilityWheelchair ramp, accessible toilet, lift to all floorsMinimal — step access, no accessible toiletSteps-only entrance, no accessible toilet on occupant floorMedium
13. Flood RiskNo flood history, above road level, drainage assessed"Doesn't flood" (verbal)Below-road-level entry, waterlogging history, near canalMedium-High
14. Internet/TelecomDual ISP capability, fibre available, riser accessSingle ISP, rooftop cableNo fibre availability, no riser path, single point of failureMedium
15. Lease Terms5+5 year, fit-out period rent-free, exit clause1-3 year, minimal negotiationNo written lease, advance >6 months, no termination clauseHigh

Scoring Methodology

ScoreMeaningAction
4 — Meets MNC StandardCompliant with international best practiceNo action needed
3 — AcceptableMeets BNBC/local code requirementsDocument for record
2 — Gap ExistsBelow code but manageable with remediationRemediation plan with timeline and cost
1 — Red FlagSignificant safety/compliance concernMust be resolved before occupancy or walk away
0 — FatalCannot be remediated (structural, fundamental)Walk away

Location-Specific Considerations (Dhaka)

AreaOffice Stock QualityTrafficFlood RiskPower GridTypical Rent (BDT/sq ft)
Gulshan/BananiGrade A-B availableSevereLow-ModerateBetter70-120
MotijheelGrade B-C, older stockSevereLowAverage40-70
UttaraGrade B-C, improvingModerateModerateAverage35-60
BashundharaGrade A-B, newerModerateLowBetter50-80
Tejgaon/MohakhaliGrade B-C, mixedSevereLow-ModerateAverage40-65
PurbachalNew developmentLow (developing)LowNew grid25-45

Site Selection Process — Step by Step

  1. Define requirements — space (sqm), headcount, budget, location preferences, timeline, MNC-specific safety standards
  2. Long list — 8-12 buildings from agents and direct market knowledge
  3. Desktop screening — eliminate based on fatal flaws (location, size, obvious safety issues)
  4. Short list — 3-5 buildings for physical inspection
  5. Technical inspection — structured walk using the 15-dimension framework above
  6. Score and compare — weighted scoring matrix, identify gaps and remediation costs
  7. Commission assessments — structural RVS, fire risk assessment, electrical audit for top 1-2 choices
  8. Negotiate terms — use gap register as negotiation leverage (landlord remediation vs rent adjustment)
  9. Final approval — present scored comparison with gap register to management
  10. Execute lease — legal review, fit-out planning, move management

References

  1. BNBC 2020 — Occupancy and Building Requirements
  2. RICS — Property Standards and Valuation
  3. IFMA — Facility Management Standards
  4. CoreNet Global — Corporate Real Estate
  5. NFPA — Fire Protection Standards
  6. ASHRAE — Indoor Environment Standards

Insights & Guidance

  • Professional office selection evaluates 15 dimensions beyond location and rent — structural, fire, electrical, power, lifts, HVAC, floor plate, security, accessibility, flood risk, telecom, and lease terms.
  • MNC standards typically require NFPA-based fire protection, IEC 60364 electrical compliance, 100% generator backup, and structural assessment — far beyond local norms.
  • A 0-4 scoring system (Fatal to MNC Standard) enables structured comparison across shortlisted buildings.
  • Gap register becomes a negotiation tool — landlord can remediate, share costs, or reduce rent.
  • Only ~5% of Dhaka building stock qualifies as Grade A. MNCs typically occupy the top 20% of available stock.

The wrong office creates years of operational problems — safety incidents, power outages, flooding, employee complaints, failed audits. A structured evaluation prevents expensive mistakes and gives management a defensible basis for the decision.

  • Rent-driven selection — choosing the cheapest option without assessing hidden costs (generator fuel, flood damage, poor power).
  • Location-only selection — choosing a prestigious address in a building with fundamental safety gaps.
  • No technical inspection — relying on agent descriptions and landlord claims without verification.

  • Site selection scoring matrix with all 15 dimensions
  • Technical inspection reports for shortlisted buildings
  • Gap register with remediation plan and costs
  • Management approval memo with scoring rationale

  • Building lobby and common areas — well-maintained?
  • Fire exits — clear, signposted, unlocked?
  • Electrical panel room — neat, labelled, accessible?
  • Generator — clean, fuel level, test log visible?

  • Can I see the RAJUK approval and structural drawings?
  • What is the fire protection system? When was it last tested?
  • What is the generator capacity and fuel reserve?
  • Has the building ever flooded? To what level?

  • Structural assessment — structural PE for RVS (FEMA 154).
  • Fire risk assessment — fire protection consultant.
  • Electrical audit — certified electrical engineer.
  • Lease review — commercial property lawyer.
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Disclaimer: This article provides educational information and preliminary guidance. It does not constitute professional engineering advice, structural certification, fire-safety approval, legal advice or statutory approval. Building conditions vary by jurisdiction, design, construction and operation. Qualified professionals and relevant authorities should be engaged where required.

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