Real Estate Investor Magazine South Africa March 2014 | Page 35

BY SEAN LIEBENBERG Hard and soft services STRATEGIES Facilities Management: An investment you should consider F acilities management in South Africa is best described as the practice of co-ordinating the working environment w it h t he p eople a nd proce s se s of t he organisation. It’s a combined approach at all levels in the organisation to plan and implement support facilities in line with prime business objectives. Globally, it is therefore regarded as an integral part of the strategic thrust of an organisation. However, the fact is that generally organisations prefer to focus their expertise on their core business, with non-core activities such as facilities management managed by entities more suitably structured and resourced and it is true that this is increasingly the case. Here in South Africa an integrated approach is adopted to manage facilities in line with prime property management objectives such as leasing, rental collection, tenant liaison and general administration. These are described as ‘hard and soft services’. Hard services are those elements that form physical parts of the building such as the structure itself, exterior and interior finishes, plumbing, mechanical and electrical installations, office installations, maintenance and refurbishments, while the soft services focus on issues such as security, cleaning, pest control, hygiene and landscaping services. In some instances, facilities management services can be extended to incorporate additional servic