July 2014
Intermediate to advanced
688 pages
17h 40m
English
Content preview from The Facility Management Handbook, 4th Edition
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SECTION III
Real Estate
All facility managers are in the real estate business. Unfortunately, not all manage real estate; in fact, few do, as confirmed by the study of the international profession, The Facilities Industry Study, by the combined professional associations. This fact is one of the greatest weaknesses in the practice of the profession today.
Real estate managers historically have business management or legal backgrounds, whereas facility managers primarily have a technical background. It is not, however, that facility managers cannot manage real estate. It is that upper management does not look to them to do so and has shown little tendency to place organizational real estate under the purview of the facility manager except ...
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