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Whitestone Releases Retail Facility Operations Costs

Written by Heidi Schwartz. Posted in Facility Management

Tagged: , , , ,

Published on January 12, 2012 with 1 Comment

Whitestone Research has released The Whitestone Facility Operations Cost Reference 2011-2012, International Version. This new reference includes international facility costs in over 100 global locations. As with the North American Version, data is also included for three levels of service for 11 operations including: custodial, energy, grounds, maintenance repair, management, pest control, refuse, road clearance, security, telecommunications, and water/sewer.

Facility operations costs ranged from $27.95 per square foot in Geneva to $3.20 in Damascus. In Washington, DC, the benchmark city for Whitestone‘s cost references, facility operations costs were $16.80 per square foot. All costs are reported in $USD using second quarter 2011 exchange rates.

Comparison of Facility Operations Costs Per Square Foot: 10 Most Expensive
1 Geneva $27.95
2 Zurich $27.70
3 Honolulu $25.32
4 Hilo $24.26
5 Osaka $21.39
6 Vienna $21.32
7 Tokyo $21.31
8 Singapore $20.40
9 New York $20.27
10 Copenhagen $19.61

Least Expensive
1 Damascus $3.20
2 Buenos Aires $3.78
3 Kiev $3.91
4 Caracas $4.07
5 Bangalore $4.35
6 New Delhi $4.54
7 Kolkata $4.58
8 Hanoi $4.60
9 Hyderabad $4.63
10 Mumbai $4.73

Whitestone gathers detailed operating cost statistics are offered for 75 major building types: retail stores, schools, office buildings, hospitals, and more.

About Heidi Schwartz

Heidi Schwartz

Schwartz joined Group C Media in April 1989 as managing editor of Today's Facility Manager (TFM) magazine (formerly Business Interiors) where she was subsequently promoted to editor/co-publisher of the monthly trade magazine for facility management professionals. In September 2012, she took over the newly created position of internet director for TFM's parent company, Group C Media, where she is charged with developing content and creating online strategies for TFM and its sister publication, Business Facilities. Schwartz can be reached at schwartz@groupc.com.

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  1. ANY DATA FOR GULF/MIDDLE EAST COUNTRIES? WHAT ALL IS INCLUDED IN THESE COSTS?

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