FACILITY MANAGEMENT AND WHY YOU NEED IT FOR YOUR PROPERTY INVESTMENT29 Jul 2019
Investing in real estate does not end with just buying and selling property. When you purchase a property investment, there are so many things you need to do in order to gain from your purchase. If you just leave it as it is, you might even lose out on your business endeavour and your hard-earned money could go to waste. This is why you need property, security and facility management services so that you can make the most out of your investment and receive the best returns possible.
Now, every investor knows how important property management is to owning a building, and security management as well. These services will improve, strengthen and make your property investments safe for potential tenants and interested clients.
But did you know your buildings need facility management, too? What is this branch of real estate investment all about?
Facility management is defined as a profession that encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency of the built environment by integrating place, people, process and technology. As experts would have it, if property management refers to the maintenance and handling of a building, facility management is the one responsible for the moving parts in and around that building.
But why would property owners be in need of such services? Is property management not enough for their real estate investments?
To help you better understand why you need to have facility management services, let us learn its importance to your buildings.
The Scope of Facility Management
- This discipline is responsible for the interior and exterior of a real estate property
- It manages the maintenance and repairs of parking spaces, landscaping, lights and other external fixtures, and more
- Facility managers are responsible for taking care of tenants’ spaces within the building
- Their services include hospitality, safety and security, health concerns, maintenance and repairs, housekeeping, among others
- They are also responsible for emergency and disaster preparedness
Facility management is crucial for the success of your business, just as much as property and security management are. It allows you to properly handle all the day-to-day management of your building and it creates a safe and comfortable environment for everyone in and around your property. And if you want to have the best of these services, you need Zawaya Property, the real estate arm of Noor Bank, on your team.
The expert professionals at Zawaya Property will provide excellent services that cover all the needs of your property investment from start to finish and even beyond. Find out how they do this and learn about them today!