‘Waste of space' costs £18bn a year, says RICS

i-FM.net ‘Waste of space' costs £18bn a year, says RICS

UK companies are wasting £18bn a year through inefficient use of property assets, according to an RICS report. Profits could be boosted by 13% if businesses consider sale-and-leaseback deals, hot-desking and other ways of eliminating unused space.

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