Guest editorial

Article Type: Guest editorial From: Journal of Corporate Real Estate, Volume 13, Issue 1

This second special edition underlines the universality of property asset and facilities management issues which public sector managers are facing in disparate parts of the world.

The issue starts with a review of UK public sector real estate asset management. In contrast, the following two papers from researchers in Malaysia and Indonesia discuss the central and local government property administration and asset management issues in those countries.

We have a rare insight into public sector facilities management in Botswana,highlighting the problems for managers in countries where FM and asset management disciplines are in their infancy.

The final paper researches the Swedish solution to central government property ownership and pricing and critically analyses the methodology used to create an internal rent mechanism to control the use of accommodation by public bodies. Some readers may find the conclusions reached by the authors are worthy of further discussion. The Guest Editor would be very pleased to hear from readers who may have differing views on internal rental regimes and the public ownership and management of real estate from those set out by the authors of this paper.

The subject of public property assets remains a high priority issue for those governments seeking to limit cost and raise capital to reduce borrowings. We believe this edition will make a further valuable contribution to the subject,giving assistance and some reassurance to those practitioners seeking to manage public property assets around the world.

Alan D. WhiteGuest Editor