The MR Index reads six weighted dimensions and places the building from MR 1 to MR 5. It gives an allocator the shape of the next decade before the detail.
The Capital Register carries the detail. The MR Index gives the decision-maker the shape of that detail at a glance.
Six questions shape the score. Each is weighted for what it means to the capital decision.
How much of the programme is driven by work the building cannot defer.
How strong the evidence is, and how tightly the capital position can be read.
Whether one finding is significant enough to reshape the whole programme.
How much of the programme lands in the near term rather than later in the decade.
How much of the programme is driven by regulatory or compliance obligations.
Whether the capital burden is distributed or concentrated in one system or issue.
Five bands turn the score into a simple position summary.
Limited capital need across the decade.
Routine lifecycle spend with predictable sequencing.
A defined programme of renewal that needs active capital planning.
A substantial programme, often with concentrated near-term spend or material unknowns.
Capital need is large enough to reframe the investment proposition itself.
The MR Index is not a verdict on asset quality, architectural merit, or investment attractiveness. A prime asset in a supply-constrained precinct can score MR 4 or MR 5 and still be an excellent acquisition. A trophy heritage building will almost always carry a heavy score simply because the cost of authenticity is high. The Index measures capital position, not asset value.
The MR Index sits inside every Capital Strategy Moyne Ross produces. For the capital logic around a real assessed asset, read When the Building is Not the Asset or The Economics of Heritage. You can also view a live strategy or get in touch about your asset.