The Royal Institution of Chartered Surveyors (RICS) has launched an insight paper which explores the impact of using artificial intelligence (AI) in the built environment, and the urgent need for industry professionals to understand how it will influence their areas of operation, as technology has a far greater role to play in the future.

Facilities Management services are no longer seen as a procurement process but have matured and is now accepted as part of the partnership relationship by investors and occupiers.

Reduced operating costs translate into higher rental income

Facilities managers share a global need to prove the value of Facilities Management (FM) to board level directors, a new global RICS (Royal Institution of Chartered Surveyors) report reveals.

Motseng Investment Holdings, a diversified holding company with core operations in property investment and services, said last week that it had acquired infrastructure services group Selmec as well as Unimedia, Selmec’s Mozambican operation.

In recent years, it has become evident that requirements by property owners and property asset managers in regard to property services are changing. It is now expected that property services companies provide a comprehensive ‘one-stop’ property and facilities management service

Roger Corlett, MD of Facilities Management for Liberty Properties, handles a property portfolio valued at about R12-billion