Public Sector Property Asset Management

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Publisher : John Wiley & Sons
ISBN 13 : 1118346572
Total Pages : 208 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Public Sector Property Asset Management by : Malawi Ngwira

Download or read book Public Sector Property Asset Management written by Malawi Ngwira and published by John Wiley & Sons. This book was released on 2016-05-03 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many public sector organisations, there has been little or no adoption of a proactive asset management strategy. Where an extensive property portfolio exists, this can result in poor overall utilisation of the portfolio, exemplified by excessive vacant property or properties not being put to best use. In such situations there is a risk that the building stock deteriorates more rapidly than expected, leading to expensive maintenance and repair charges. Lack of a proactive asset management strategy will impact on the services delivered by such organisations. Public Sector Property Asset Management covers all aspects of asset management in the public sector, including the overall concept, the development of asset management strategies and the implementation of asset management practices. It evaluates asset management strategies, processes and practices to show how effective management of property assets support business activities or service delivery functions. The reader will understand the importance of improving decision-making through the recognition of all costs of owning and operating those assets throughout their lifecycle, leading to improved business process activities or service delivery functions which greatly assist in meeting the social and economic objectives of such organisations. Written for all practitioners currently involved in asset management, the book will also be useful in the university environment, to those teaching, researching or learning about asset management in the public sector.

Managing Fixed Assets in the Public Sector

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Publisher : Universal-Publishers
ISBN 13 : 1581126840
Total Pages : 142 pages
Book Rating : 4.5/5 (811 download)

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Book Synopsis Managing Fixed Assets in the Public Sector by : William D. Brady

Download or read book Managing Fixed Assets in the Public Sector written by William D. Brady and published by Universal-Publishers. This book was released on 2001 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is the foremost compilation of information about managing the public sector fixed assets function. No two-fixed assets management functions are alike and there is no real collective information bank for the managers to use. Not only are management principles provided, but also definitions of some key settings in managing fixed assets from defining fixed assets to accountability for those assets. This text was written to help better operate the day-to-day affairs of the public sector fixed assets management function. The information presented here is not new; however, the information is not contained in one concise location. The concepts and principles presented here are of interest to all-public sector administrators. However, those individuals working in the day-to-day operations are those who will find this text most interesting. It should be used to stimulate conversation and communication on the subject of personal property management. In so doing, the expectation is that these conversations and communications will increase the effectiveness and efficiency of personal property management. The public sector is an area that relies on sound management practices and the management on those assets entrusted to us is no exception. Within the confines of this text will be found sound management practices to further the overall effectiveness of fixed assets management.

Managing Government Property Assets

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Author :
Publisher : The Urban Insitute
ISBN 13 : 9780877667308
Total Pages : 452 pages
Book Rating : 4.6/5 (673 download)

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Book Synopsis Managing Government Property Assets by : Olga Kaganova

Download or read book Managing Government Property Assets written by Olga Kaganova and published by The Urban Insitute. This book was released on 2006 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments own a vast array of real property--from large stretches of land to public housing projects, from water distribution systems and roads to office buildings. Typically, management of public property is highly fragmented, with responsibility for each type of asset falling within a different agency or bureaucracy. In almost all countries, different classes of property are managed according to their own rules, often following traditional practices rather than any assessment of what type of management is appropriate. Over the past decade, however, a new discipline has emerged that examines this important component of public wealth and seeks to apply standards of economic efficiency and effective organizational management. Managing Government Property Assets reviews and analyzes this recent wave of activity. The authors draw upon a wide variety of national and local practices, both in countries that have been leaders in management reforms and in countries just beginning to wrestle with the problem. This comparison reveals that the issues of public property management are surprisingly similar in different countries, despite striking differences in institutional contexts and policy solutions.

RICS Public Sector Property Asset Management Guidelines

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Publisher :
ISBN 13 : 9781842197691
Total Pages : 76 pages
Book Rating : 4.1/5 (976 download)

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Book Synopsis RICS Public Sector Property Asset Management Guidelines by : Royal Institution of Chartered Surveyors

Download or read book RICS Public Sector Property Asset Management Guidelines written by Royal Institution of Chartered Surveyors and published by . This book was released on 2012 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Property Asset Management

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Author :
Publisher : Routledge
ISBN 13 : 1317242548
Total Pages : 470 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Property Asset Management by : Douglas Scarrett

Download or read book Property Asset Management written by Douglas Scarrett and published by Routledge. This book was released on 2018-05-01 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Property asset management requires both day-to-day oversight of rental properties and an ability to maximize the potential of the portfolio through forward thinking and practical planning. Successful property managers must be flexible and proactive whilst maintaining a robust knowledge of technical, financial and legal aspects of the leasing system. Property Asset Management is a practical guide to the key principles of successful property management, perfect for both student and practitioner alike. In this book, Douglas Scarrett and Jan Wilcox demonstrate how to successfully manage properties for the varying needs of clients ranging from individual property owners to large international commercial ventures. As well as the basic theory, Property Asset Management discusses the process of active management, the strategic objectives, performance measurement, and the key financial and operational information needed for high quality and comprehensive reporting to clients. This fourth edition has new chapters on corporate real estate and financial management, and has been extensively rewritten to incorporate recent developments in property management. Software screenshots are used to illustrate salient points and readers are provided with a thorough overview of the latest legal aspects of land ownership and tenancy arrangements. With everything you need for successful property asset management, this book both caters for the needs of RICS accredited and business courses and serves as a handy guide for everyday practice.

H.R. 3947, the Federal Property Asset Management Reform Act

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Author :
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis H.R. 3947, the Federal Property Asset Management Reform Act by : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Economic Development, Public Buildings, and Emergency Management

Download or read book H.R. 3947, the Federal Property Asset Management Reform Act written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Economic Development, Public Buildings, and Emergency Management and published by . This book was released on 2002 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

RICS Public Sector Asset Management Guidelines

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Publisher :
ISBN 13 : 9781842193709
Total Pages : 89 pages
Book Rating : 4.1/5 (937 download)

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Book Synopsis RICS Public Sector Asset Management Guidelines by : Keith Jones

Download or read book RICS Public Sector Asset Management Guidelines written by Keith Jones and published by . This book was released on 2008-01-01 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficient delivery of services is repeatedly emphasised across the public sector. Rarely do performance reports focus on the key fact that public services are invariably delivered directly or indirectly from buildings. The property portfolio of public organisations has to be right for people - for staff and customers - and for the processes for delivering products and services. The property must be in the right place and must be affordable - the price must be right. These RICS Public Sector Asset Management Guidelines have been developed by experts in the variety of disciplines which are required to produce effective asset management plans. They will assist all those involved in the process of asset management and planning whether property practitioners or operational managers.

The Public Wealth of Nations

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Publisher : Springer
ISBN 13 : 113751986X
Total Pages : 232 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis The Public Wealth of Nations by : Dag Detter

Download or read book The Public Wealth of Nations written by Dag Detter and published by Springer. This book was released on 2016-02-05 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.

Corporate Real Estate Asset Management

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Publisher : Taylor & Francis
ISBN 13 : 1136445269
Total Pages : 313 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Corporate Real Estate Asset Management by : Barry Haynes

Download or read book Corporate Real Estate Asset Management written by Barry Haynes and published by Taylor & Francis. This book was released on 2010-10-28 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is important for those studying and practicing in real estate and property management to learn to manage property assets effectively, to be able to provide their companies with effective property and facilities solutions. This book raises the awareness of how real estate management can support business, transform the workplace and impact upon people and productivity, ensuring that costs are minimized and profit maximized. Written for advanced undergraduate students on property related courses, it provides them with a rounded understanding by aligning the subject with estates management, facilities management and business strategy. Case studies and action plans provide real insight and make this book an essential reference for those at the start of their careers in real estate and facilities management.

Legislative Proposals to Reform the Government's Approach to Property Management, S. 2805, the Federal Property Asset Management Reform Act; and H.R. 3285, the Federal Asset Management Improvement Act

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Author :
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Legislative Proposals to Reform the Government's Approach to Property Management, S. 2805, the Federal Property Asset Management Reform Act; and H.R. 3285, the Federal Asset Management Improvement Act by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology

Download or read book Legislative Proposals to Reform the Government's Approach to Property Management, S. 2805, the Federal Property Asset Management Reform Act; and H.R. 3285, the Federal Asset Management Improvement Act written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology and published by . This book was released on 2001 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Establishing a Real Estate Asset Management System

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Establishing a Real Estate Asset Management System by : Rick Pederson

Download or read book Establishing a Real Estate Asset Management System written by Rick Pederson and published by . This book was released on 1989 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Review of the Status of Property Asset Management Planning Within the Public Sector in Wales

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (594 download)

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Book Synopsis Review of the Status of Property Asset Management Planning Within the Public Sector in Wales by :

Download or read book Review of the Status of Property Asset Management Planning Within the Public Sector in Wales written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Investments in Federal Facilities

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Publisher : National Academies Press
ISBN 13 : 0309165954
Total Pages : 160 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Investments in Federal Facilities by : National Research Council

Download or read book Investments in Federal Facilities written by National Research Council and published by National Academies Press. This book was released on 2004-05-24 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep. Despite the size of these sums, there is a growing litany of problems with federal facilities that continues to put a drain on the federal budget and compromise the effectiveness of federal services. To examine ways to address these problems, the sponsoring agencies of the Federal Facilities Council (FFC) asked the National Research Council (NRC) to develop guidelines for making improved decisions about investment in and renewal, maintenance, and replacement of federal facilities. This report provides the result of that assessment. It presents a review of both public and private practices used to support such decision making and identifies appropriate objectives, practices, and performance measures. The report presents a series of recommendations designed to assist federal agencies and departments improve management of and investment decision making for their facilities.

Commercial Property Asset Management in the Australian Public Sector

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Publisher :
ISBN 13 :
Total Pages : 349 pages
Book Rating : 4.:/5 (72 download)

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Book Synopsis Commercial Property Asset Management in the Australian Public Sector by : Clive Morris Joseph Warren

Download or read book Commercial Property Asset Management in the Australian Public Sector written by Clive Morris Joseph Warren and published by . This book was released on 2006 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capital Asset Management

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Publisher : National Academies Press
ISBN 13 : 0309170923
Total Pages : 46 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Capital Asset Management by : Federal Facilities Council

Download or read book Capital Asset Management written by Federal Facilities Council and published by National Academies Press. This book was released on 2001-05-17 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federally owned capital assets include some 500,000 buildings and similar facilities worldwide acquired during 200 years of government operations. Government facilities are used to defend the national interest; conduct foreign policy; house historic, cultural and educational artifacts; pursue research; and provide services to the American public. These buildings and structures project an image of American government at home and abroad, contribute to the architectural and socioeconomic fabric of their communities, and support the organizational and individual performance of federal employees conducting the business of government . Federal facilities embody significant investments and resources and therefore constitute a portfolio of public assets. At least 30 separate agencies manage these facilities. As stewards of this public investment, federal facilities program managers face a number of challenges. In the 1990s Congress and the Executive Branch took a number of initiatives to improve capital asset decision making in the federal government. These include enacting the Government Performance and Results Act of 1993, the Federal Acquisition Streamlining Act of 1994, the Clinger-Cohen Act of 1996 and a series of federal financial accounting standards; developing the Capital Programming Guide (1997); and appointing the President's Commission to Study Capital Budgeting (1997). Senior and mid-level agency officials are now seeking ways to implement these initiatives efficiently and effectively. The Federal Facilities Council (FFC) sponsored a conference entitled "Capital Asset Management: Tools and Strategies For Decision Making" to highlight strategies and ideas for capital asset management so that federal and other public agencies can improve decision making for facilities investment. Held at the National Academy of Sciences in Washington, D.C., on September 13, 2000, the conference featured speakers from the public, non-profit, and private sectors. Capital Asset Management: Tools and Strategies For Decision Making: Conference Proceedings summarizes the presentations made at that conference. The speakers focused on trends and best practices in capital budgeting; capital asset decision making processes in three federal agencies; building a case for capital reinvestment; and new tools for federal agencies. Online resources referred to by the speakers are listed in Appendix A. Appendix B contains the speakers' biographies.

ASSET MANAGEMENT HANDBOOK FOR REAL ESTATE PORTFOLIOS

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Author :
Publisher : Xlibris Corporation
ISBN 13 : 1483682862
Total Pages : 209 pages
Book Rating : 4.4/5 (836 download)

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Book Synopsis ASSET MANAGEMENT HANDBOOK FOR REAL ESTATE PORTFOLIOS by : R. M. Santucci

Download or read book ASSET MANAGEMENT HANDBOOK FOR REAL ESTATE PORTFOLIOS written by R. M. Santucci and published by Xlibris Corporation. This book was released on 2013-10 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asset Management Handbook is divided into three phases. Chapters 1 through 3 are conceptual introductions. Chapters 4, 5, 6 and 7 get into the "meat" of the policies and techniques of evaluating the capital needs of your property over the next 40 years. Chapters 8 and 9 help you identify which properties are doing well and which are the most threatened. What action should you take? What are the standard preservation and rejuvenation options available to a real estate portfolio manager? What is Asset Management? People are more accustomed to thinking about asset management of money or stocks or a package of annuity and savings accounts. Real estate asset management is a slower, longer term process. The properties in your portfolio, especially in affordable housing, have life cycles of 30, 40 or infinite time periods. Most nonprofit owners are not interested in selling to capture any appreciation on their properties. Their goal is to provide housing for the foreseeable future as long as the asset can perform. Many nonprofits and mid size property owners do not have a dedicated asset manager. It is extraordinarily important that someone take on that long-term analysis, be it for 10%, 25% or 50% of a full time employee. The next step is to benchmark your properties. How are you doing compared to the world? Not just on straight bottom line consideration, but how about in human services? Have you saved sufficient money to replace the roof or add the sprinklers that will be required at the next renovation? The Asset Management Handbook provides well-established objective criteria for 25 different variables. We've seen participants in the asset management practicum expand that up to 40 variables to analyze on an annual basis. We'll see how benchmarking and risk ranking of your portfolio are essential first steps in establishing its viability and needs. Capital Needs and Their Funds. In this "meat" of the manual, we walk you through essential policies that define how your properties will operate over the long term. We show how policies made by lenders, bankers and other short term partners can be self destructive and damaging to property owners holding for the long term. First example of the dichotomy, the lender is suggesting the reserve is sufficient when two years after their loan matures, the property will require $4 million of replacement expenditures. This is fine for investment property held for resale. You just flip it and get down the road. Most affordable housing owners do not consider selling the property as a positive outcome. Even if you've never performed a property inspection before, the Handbook offers you easy methods of counting and sorting components into well established remaining economic lives Then it is on to the massive spreadsheet that calculates the future need and the various waves in which it will appear. Exterior paint first, then roofs, windows and doors, and kitchens and baths follow and then it starts all over again. Most capital needs assessments performed by third parties make financial assumptions that are untenable. Their interest rates on earnings are overstated and their inflation rate on the components are generally understated leaving you with significant shortfalls, even if you have escrowed according to directions. We will keep you out of that trap, showing you the realistic funds that are required and the time periods when the inevitable refinancing windows will occur. Risk and Solutions. In the final section, we evaluate your primary risks. Which properties should you address first? Which properties have the strength and energy to function on their own? Then what should you do about it? Refinance? Renegotiate? Value engineer? Raise rents? In the foot race, the runner is always caught by the tsunami of required replacements. It is just a fact of the business that every 20 to 30 years you've got to re-invest a significant amount of money

Federal Real Property

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9780756725747
Total Pages : 50 pages
Book Rating : 4.7/5 (257 download)

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Book Synopsis Federal Real Property by : Bernard L. Ungar

Download or read book Federal Real Property written by Bernard L. Ungar and published by DIANE Publishing. This book was released on 2002-08 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. government owns hundreds of thousands of real property assets worth hundreds of billions of dollars. The General Services Admin. (GSA) maintains a database on these assets commonly referred to as the worldwide inventory. Quality data are critical if decisionmakers are to strategically manage these real property assets. This report assessed the reliability & usefulness of the GSA worldwide inventory & determined what actions, if any, may be needed to make it a more useful tool. Charts & tables.