Comprehensive Spending Review puts pressure on property
October 25, 2010
The government may have announced its comprehensive spending review (CSR) – without too many surprises – but it will take some time for it’s full impact to be felt in property circles.
The government may be looking long and hard at it’s own occupational property needs but it represents only a small element of the market.
Of wider concern will be the lack of certainty felt by the majority of the occupier sector.
Questions such as ‘how will my business fare over the coming year?’ or ‘can I make do with existing staff numbers? ‘ are being asked everyday in boardrooms across the country.
We believe that with property being the second highest cost to companies (after staff) it will continue to remain in the spotlight.
