Dinstinction between property management and facility management
Property Management focuses on the building itself, it involves the ADMINISTRATION of lease.
Some common duties include:
•Profilling & selection of suitable tenants,
•Rent collection and remittance.
•Routine inspection.
•Coordinating maintenance.
•Overseeing reinvestments in the building.
WHILE
Facility Management encompasses the responsibility of ensuring FUNCTIONALITY, COMFORT, SAFETY, and EFFICIENCY of the built environment by:
•Intregrating people providing services of the common good.
•Managing vendors, janitors, and artisans. •Ensuring all process obligations and support services are well-coordinated and integrated.
Our services in these areas will be relevant to a host of property owners.