Asset Management::Corporate Real Estate (Buildings)

Corporate Real Estate Aggregate Function:<br/>• Describes the real estate property held or used by a business enterprise or organization for its own operational purposes.<br/>• May also describe the functional practices, organizations and professions that are concerned with the planning, acquisition, management, and administration of real property on behalf of a company.<br/><br/>Corporate real estate professionals handle real estate market exactly as corporate purchasing or procurement.<br/>It includes the following functions : <br/>• Real Estate Facility Operations Management (FM) is an interdisciplinary field devoted to the co-ordination of all business support services. FM involves all types of business support processes including the care of offices, commercial or institutional buildings which are necessary to the operator and the employees. FM can be defined as the integration and alignment of the non-core services, including those relating to premises, required to operate and maintain a business to fully support the core objectives of the organization.<br/>• Space planning function deals with the way to plan and organize required necessary space in buildings for operator activities. It embeds: offices, workrooms, shops, warehouses, telecom equipment centers, data centers, switch centers, corporate restaurants, and parking.<br/>