There is an increasing complexity and interplay between all of the issues associated with property portfolio decisions. This paper explores the relationships between financial, environmental and social parameters associated with building adaptive reuse by way of a case study. A new model predicting adaptive reuse potential is applied to a heritage building in Hong Kong known as Lui Seng Chun. Such application can assist in the transformation of the building and property industry towards more sustainable practices, strategies and outcomes, by providing a means by which the industry can identify and rank existing buildings that have high potential for adaptive reuse. In Hong Kong's case it provides an ability for sustainable, responsive energy and natural resource management by allowing issues regarding excessive and inappropriate resource use to be identified and assessed, and appropriate management strategies to be implemented. Given the building's current age and condition, Lui Seng Chun has at least 25 years of physical life remaining. The further application of a multi‐criteria sustainability evaluation tool supports the conclusion that an adaptive reuse strategy for this building will make a demonstrable contribution to the economic, social and environmental amenity of Hong Kong. The application of these techniques to other buildings with significant “embedded physical life” is highly recommended. Potencialaus naudojimo modelio taikymas Honkonge: Lui Seng Chun atvejo tyrimas Santrauka Priimant sprendimusdėlnuosavybes portfelio, kyla vissudėtingesniųir tarpusavyje labiau susijusiu klausimu. Šiame darbenagrinėjamiryšiai tarp finansiniu, aplinkos ir socialiniu parametru, susijusiu su pastatu naudojimu. Naujas modelis, numatantis potencialu pastatunaudojimą, taikomas Honkonge esančiam paveldo pastatui, vadinamamLuiSengChun. Transformuojant pastatu ir nuosavybes industrija, kai siekiama darnesniu praktikos,strategijųir rezultatu, šis modelis gali būti naudingas, nes suteikspriemonių,padėsiančiųidentifikuoti ir klasifikuoti tuos pastatus, kuriu naudojimo potencialas didelis. Honkongo atveju tai galimybe imtis darnaus, atsakingo energijos ir gamtiniuištekliųvaldymo, nes galima nustatyti irįvertintibesaikio bei netinkamoištekliųnaudojimo problemas irįdiegtireikiamas vadybos strategijas. Atsižvelgiant į pastatoamžiųir būkle,LuiSengChunfiziškai dar gali gyvuoti bent 25 metus. Toliau naudojamasdaugiakriteriniodarnos vertinimoįrankispatvirtina išvada, kad naudojimo strategija šiame pastate nemenkaiprisidėsprie viso Honkongo ekonominio, socialinio ir aplinkos patrauklumo. Rekomenduojama taikyti šiuos metodus kitiems pastatams valdyti, kuriu likusi naudojimo trukme dar yra netrumpa. First published online:18 Oct 2010