Sustainability
As energy becomes more highly regulated and more expensive, the real estate industry has a renewed interest in getting the best possible return on the costs associated with a property. Behind this interest stand the twin imperatives of return on investment and ecological sustainability. If we can conduct facilities management so as to elicit both maximum income efficiency and energy conservation, both stakeholders and the earth will benefit.
Good news and bad news for facilities management
Seeing a building, or a group of buildings, in a holistic way is the ideal. However, this is rarely possible. The elements that are involved in maintaining property often exist in isolation, governed by different systems requiring different know-how. Outsourcing the entire messy package of property maintenance is an attractive option, given the expense and difficulty of the task.
The facilities management business in itself is highly competitive, and operates with tight earnings margins. A new paradigm in FM services is finally beginning to evolve, whereby facilities requirements are met and coordinated across the entire value chain for an industry. The capability to understand the main drivers of property performance – such things as energy use and efficiency across all aspects of a property, maintenance, and even optimal strategies for building usage – is becoming a reality.
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