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Obsolete property

Language: English Series: Financial Times ; 31 October 1997, 17(1)Publication details: 1997Subject(s): Summary: A third of office space will not meet the needs of business occupiers next year, according to a Connaught Group report for the RICS, "Refurbishment in the office sector 1997/8" (RICS Books "£20). Raises questions of concern to lenders as to whether valuers` reports deal adequately with impending obsolescence.

A third of office space will not meet the needs of business occupiers next year, according to a Connaught Group report for the RICS, "Refurbishment in the office sector 1997/8" (RICS Books "£20). Raises questions of concern to lenders as to whether valuers` reports deal adequately with impending obsolescence.