Service charge costs for office spaces rose by nine per cent in 2024 as wage pressures, overdue maintenance projects and investments designed to attract staff back to the office all contributed to an above inflation rise. The nine per cent ...

Accountancy and business advisory firm BDO has identified in its latest benchmarking report that offices with an ‘outstanding’ or ‘excellent’ Building Research Establishment Environmental Assessment Methodology (BREEAM) certification had total service charge costs that were 26 per cent higher than ...