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Dangerous 'RAAC' Concrete Issues Could Cost Commercial Property Owners and Occupiers £700 Million in Surveys Alone

Gerald Eve Says Emerging Issue Could Create Market Similar in Size to That of Asbestos Surveying Business
Commercial property owners will be assessing the concrete their buildings. (Getty Images/EyeEm)
Commercial property owners will be assessing the concrete their buildings. (Getty Images/EyeEm)
CoStar News
September 7, 2023 | 8:14 AM

The costs of surveying all commercial property in the UK to assess for the presence of reinforced autoclaved aerated concrete, the dangerous form of concrete that has forced the closure of hundreds of schools this week, would be around £700 million, experts at Gerald Eve warn.

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