Ten Most and Least Expensive International Locations for Retail Space Facility Operations
Geneva has Highest Facility Operations Costs for Retail Space in a Recent
Whitestone Research Study
SANTA BARBARA, CA - January 10, 2012 - Whitestone Research has released The Whitestone Facility Operations Cost Reference 2011-2012, International Version.

This new reference is the only source for international facility costs in over 100 global locations.

 

Detailed operating cost statistics for 75 major building types including: Retail Stores, Schools, Office Buildings, Hospitals, and more.

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 sqft in Geneva to $3.20 in Damascus. In Washington DC, the benchmark city for Whitestone's Cost References, Facility Operations Costs are $16.80 per sqft.
Facility Cost Reference
Comparison of Facility Operations Costs Per Square Foot
Ten Most Expensive
Rank City Total
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
Ten Least Expensive
Rank City Total
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
Reported costs for a model Retail Store as defined in the Whitestone Facility Operations Cost Reference, 2011 - 2012. All costs are reported in $USD using second quarter 2011 exchange rates.
Order the Whitestone Facility Operations Cost Reference 2011-2012, International Version at www.whitestoneresearch.com/books or

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