Facilities management survey reveals cost of squatting.

‘In a recent survey carried out by the BIFM (British Institute of Facilities Management) and Orbis, 16 per cent of property managers have reported an increase in commercial squatting; in London, as many as 83 per cent of managers have experienced it.

In some areas of the UK, following an incident of squatting, the cost of a basic clean for a three storey commercial site starts at £1,500. This is on top of the legal fees for removing the squatters, which start at around £5,000 per incident. Owners also risk other potential costs, such as paying compensation to anyone injured on the premises, or the risk of accidental structural damage caused by a squatter, from fires or flooding for example.’ – Facilities Management Journal

 

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