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The mythology of benchmarking property

By: Series: Property Systems Review ; (27) Autumn 2003, 14-25(2)Publication details: 2003Subject(s): Summary: Considers the lack of real substance to benchmarking property performance claims and looks at the policy decisions required to establish a systematic regime. Provides key questions on agreed benchmarking policy, standards and reports that property managers should answer truthfully. Given the importance of benchmarking in property management, occupiers must define clear benchmarking policy, standard frameworks must be created and powerful reporting software must be developed.

Considers the lack of real substance to benchmarking property performance claims and looks at the policy decisions required to establish a systematic regime. Provides key questions on agreed benchmarking policy, standards and reports that property managers should answer truthfully. Given the importance of benchmarking in property management, occupiers must define clear benchmarking policy, standard frameworks must be created and powerful reporting software must be developed.