SCOR 2020: Shopping Centres
Download the Service Charge Operating Report for Shopping Centres 2020
Welcome to the 2020 edition of the Service Charge Operating Report (SCOR) for Shopping Centres, which is the ninth edition in the series. SCOR for Shopping Centres 2020 benchmarks the service charge costs at UK shopping centres by analysing them according to the new Cost Classes and Categories specified by the RICS Professional Statement, and includes 2020 budgetary cost information for a representative sample of 55 UK retail shopping centres that fall within the UK’s 60 largest in terms of total annual service charge expenditure.
”It has been a tremendously challenging year for many across the retail sector, and we have yet to take stock of the final position we will find ourselves in. Cost benchmarking of service charges remains an activity that Bellrock is committed to and it is with pleasure I commend this latest Service Charge Operating Report for Shopping Centres. Next year’s iteration will see Bellrock assessing the effect of the RICS Professional Statement on the quality of service charge documentation provided; these compliance metrics will determine whether the issuing of the mandatory guidelines has had the desired effect on the sector.
Russell Heath BSc (Hons) MRICS Head of Retail, Leisure & Industrial - Bellrock Technical & Real Estate Services
Visit our website to view SCOR for offices 2020 as well as previous reports.
By completing this form, you agree to the terms and conditions & privacy policy of this website.
All personal data collected by Bellrock FM is stored and processed in accordance with the General Data Protection Regulation (GDPR). Please read our Privacy Policy for a full insight on how we protect and manage your submitted data.
