Discusses various aspects of asset management that seek to maintain the value of assets and performance. Examines the premises policy, planned maintenance, computer‐aided facilities management, total control, and proactive asset management. Concludes that, while increasingly sophisticated...

Considers the need for a close working relationship between maintenance contractor and property manager. Discusses asset lists, comprehensive contracts, PPM schedules, and expert advice. Concludes that today′s maintenance contractors can offer cost‐effective solutions to save running costs,...

This paper provides an overview of real estate educational programmes currently being offered in the Republic of South Africa as well as the role of the South African Property Education Committee in this respect. The emphasis is on programmes offered by formal tertiary educational institutions...

Reviews some ideas pertinent to the current debate about the aims of professional education, and focuses on some of the problems attached to attempts to incorporate the development of practice skills in curricula. Argues for a clearer understanding of what constitutes practical knowledge in use...

Purpose – Assessing the value of property management services is challenging because of collinearity between property quality and the quality of property management companies. In order to overcome this challenge and isolate the impact of property management services, the purpose of this paper...

The elements of sales comparison for residential property depend on a package of inherent attributes that are valued by consumers. These attributes can be classified into the following categories: structural, physical, neighbourhood and environmental. A model that incorporates adjustments for...

Privatisation of services from the public sector is topical currently mainly because of the potential savings and efficiency to be gained. In the aspect of property management, the Hong Kong Housing Authority owns more than 600,000 units of public housing flats and the requirement for good and...

Extending the ground works of Ho (1993), Baldwin (1994), Walters and Hastings (1998a, 1998b) on property management in Hong Kong, this short paper documents the context[1] of research on illegal structures, explains the incentive for building illegal structures on government land and private...