Understanding how FM business models vary across Europe

2008

The fundamental cost and asset dimensions of real estate force companies to keep a sharp eye on both aspects. The basic concern of professional corporate real-estate management is to identify and exploit real estate as a potential operating resource and source of profit. Facilities management aims to support and improve the core business and operates in synergy with real estate management.

In virtually all major European countries, real estate tends to be treated primarily as a production factor. The strategic dimension, by contrast, is often underestimated. Only the UK is playing a pioneering role in Europe in this respect.