The Cost of Space
cost of space

This report was one of three provided by Kilner Planning and London Economics, focused on three research areas: surveying institutions on their current Space Management Practices, providing a tool to Benchmarking the size of the estate and developing a model for estimating the Full Economic Cost of the non-residential estate.

Understanding cost, what drives cost and how it can be measured are important elements in this decision-making process. This report sets out a step-by-step approach to calculating the cost of an HEI estate.

It should be noted that the Model of the Affordable Estate mentioned within the reports has now been updated as the Model of Estate Costs (MEC), the latest version of which can be found here.