Facilities management and its potential
Series: Facilities Management ; 9(10) July 2002, 8-9(2)Publication details: 2002Subject(s): Summary: Identifies the reasons behind the success of the UK facilities management (FM) market which is worth up to £160bn per year and growing 15% each year. Three key factors are that 40 - 50% of the FM market remains in-house, most of the industry is resistant to swings in the economy and government's commitment to the private finance initiative (PFI) will give FM companies long term and predictable revenue. Article expands on the scope of FM services, market activity, mergers and acquisitions including the risks of M&A, the PFI commitment, and examples of how PricewaterhouseCoopers has been involved in consolidating the industry.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65715 (Browse shelf(Opens below)) | 1 | Available | 118878-1001 |
Identifies the reasons behind the success of the UK facilities management (FM) market which is worth up to £160bn per year and growing 15% each year. Three key factors are that 40 - 50% of the FM market remains in-house, most of the industry is resistant to swings in the economy and government's commitment to the private finance initiative (PFI) will give FM companies long term and predictable revenue. Article expands on the scope of FM services, market activity, mergers and acquisitions including the risks of M&A, the PFI commitment, and examples of how PricewaterhouseCoopers has been involved in consolidating the industry.