Property asset management is the maintenance and upkeep of business buildings and facilities. The process of property asset management relates to the physical assets that support day-to-day business operations. Property asset management mainly involves tracking and monitoring the financial value of assets to record their appreciation or depreciation over time. It covers utility management, lease management, preventative and reactive maintenance activities, workspace management, security management, and cleaning. A property asset manager is responsible for all the assets relating to a building and its facilities. Our aim to make those assets deliver value in line with a company’s core business goals while helping to provide suitable working environments for employees. This role can also be referred to as facilities manager, property manager, asset manager, estates manager, or buildings manager. A property asset manager will keep an accurate register of all property-related assets that need to be maintained or replaced. A property asset manager also needs to plan asset maintenance works and may be accountable for building services.
