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Expert Opinion

Dilapidations in 2025: The clock is ticking

Ten years on from a previous review, the need for expert advice has never been stronger.
Mark Hampson. (Hollis)
Mark Hampson. (Hollis)
By Mark Hampson
Hollis
May 2, 2025 | 10:23 AM

A decade ago, I wrote in this CoStar column that dilapidations had risen sharply up the asset management agenda. Back in 2014, shorter lease terms, competitive acquisitions and a post-recession focus on cost recovery drove a 24% surge in dilapidations instructions across London.

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