News, views and industry trends
What is Fair Market Value (FMV) of commercial property?
Fair market value (FMV) is a key concept in commercial real estate, representing the price a property would fetch in a competitive and open market. It reflects the value agreed upon by a willing buyer and seller, both acting knowledgeably and without…
Mixed-use development: key benefits and challenges for property managers
Mixed-use developments are transforming urban landscapes, offering a combination of residential, commercial, and recreational spaces within a single property. These dynamic projects present unique opportunities for property managers but also come wit…
Office feature trends in 2024: A comparison of Global vs. APAC priorities
With workplaces evolving at a rapid pace, facilities management (FM) has emerged as a key enabler in transforming office spaces into hubs of productivity, well-being, and sustainability. A recent webinar featuring industry leaders Heinrich Serfontein…
What is finance lease accounting?
Finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognise both the asset and the corresponding lease liability, reflecting the ownership-like r…
What is workplace management?
Workplace management refers to the strategies and systems businesses use to make sure that everything in the office runs smoothly and efficiently. This includes managing space, resources, tasks, and the physical environment to help employees perform …
Highlights from the Property Council of Australia’s Property Congress 2024
The Property Council of Australia‘s Property Congress 2024 in Townsville brought together industry leaders and policymakers to address the pressing issues facing Australia’s property sector – from demographic shifts and housing affordabil…
A guide to facilities risk management: how to evaluate and manage common risks
Facilities risk management is an essential practice for maintaining safe, efficient, and compliant properties. From identifying potential hazards to implementing effective safety measures, understanding what is facilities management is key for real e…
Key benefits of predictive maintenance in facilities management
Predictive maintenance is transforming the way facilities managers approach asset care, shifting focus from reactive or scheduled repairs to proactive, data-driven solutions. By predicting equipment needs before they arise, predictive maintenance opt…