The Operating Expenses Benchmark is an industry guide that presents costs for owning and operating commercial offices and shopping centres. Designed to provide owners and managers with a tool for preparing operating budgets and evaluating the performance of properties, the Operating Expenses Benchmark is widely used by many of the key players within the commercial property industry including retailers, contractors, suppliers, centre owners and managers and is also frequently used by valuers, developers and consultants.
Featuring the following:
• Office Building and Shopping Centre Summary results
• Median costs for fixed charges
• Median costs for operational expenses such as HVAC, Lifts and Escalators, Total Energy, Water, Cleaning, Fire Protection, R&M and more
• Operating profiles by city, size, quality grade or shopping centre category
• Comprehensive time series analysis of selected expenses