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Occupancy costs outstrip inflation

Series: BMI News Release ; September 2002, (2)Publication details: 2002Subject(s): Summary: The latest Quarterly Briefing of Maintenance Costs from the BMI show falling commercial rents are not being matched by reduced maintenance costs. The BMI All-in Maintenance Cost Index rose by 4.1% between the 2nd quarter of 2001 and the 2nd quarter of 2002 while retail prices only rose by 1.2% in the same period. For BCIS web site: http://www.bcis.co.uk/

The latest Quarterly Briefing of Maintenance Costs from the BMI show falling commercial rents are not being matched by reduced maintenance costs. The BMI All-in Maintenance Cost Index rose by 4.1% between the 2nd quarter of 2001 and the 2nd quarter of 2002 while retail prices only rose by 1.2% in the same period. For BCIS web site: http://www.bcis.co.uk/