Australia Facility Management (Property, Cleaning, Security, Support, Catering) Market Competition, Forecast & Opportunities, 2025
Dublin, Jan. 04, 2021 (GLOBE NEWSWIRE) — The “Australia Facility Management Market by Service (Property, Cleaning, Security, Support, Catering, Others), by Type (Hard, Soft & Others), by End User (Commercial, Industrial, Residential), by Source (Outsource v/s Inhouse), by Company, by Region, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering. The Australian Facility Management Market is expected to grow at a steady rate during the forecast period. The Australian Facility Management Market is driven by the growing need to improve the organizational processes and efficiencies while reducing the overall cost and dependency on human resources. Additionally, the increasing need to create a safer work environment along with adhering to the environmental and regulatory compliances is further expected to propel the market growth through 2025. Furthermore, supportive government policies & schemes facilitating infrastructural development and building automation are further expected to fuel the market growth. Besides, increased adoption of technologies such as IoT, AI, augmented reality, cloud based solutions, among others coupled with increasing investments by the major players operating in the market is further expected to create lucrative opportunities for the market growth. However, dearth of skilled professionals and expertise can hamper the market growth over the next few years. Also, lack of managerial awareness and inadequate process frameworks can further restrict the market growth during the forecast period. The Australian Facility Management Market is segmented based on service, type, end-user, source, company, and region. Based on type, the market can be categorized into hard, soft and others. The soft type is expected to dominate the market through 2025 since it includes services such as cleaning, water disposal, security, among others. The hard type is also expected to witness growth on account of the ongoing infrastructural developments in the country. Based on end-user, the market can be grouped into commercial, industrial and residential. The commercial segment is expected to dominate the market on account of increasing working population which requires office spaces. This growth in office spaces has increased the demand for integrated facility management thereby driving the segmental growth during the forecast period. The major players operating in the facility management market are Spotless Group Holdings Limited, Ferrovial Services Australia Pty Ltd, Programmed Maintenance Services Limited, Serco Group Pty Limited, Fresh Start Australia, ISS Australia, Broadspectrum, BGIS, JLL Inc., GJK and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments. Years considered for this report: * Historical Years: 2015-2018 * Base Year: 2019 * Estimated Year: 2020 * Forecast Period: 2021-2025Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on Australia Facility Management Market 4. Executive Summary 5. Voice of Customer 6. Australia Facility Management Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Service (Property, Cleaning, Security, Support, Catering, Others) 6.2.2. By Type (Hard, Soft, Others) 6.2.3. By End User (Commercial, Industrial, Residential) 6.2.4. By Source (Outsource v/s Inhouse) 6.2.5. By Company (2019) 6.2.6. By Region 6.3. Product Market Map 7. Australia Property Services Facility Management Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Service 7.2.2. By Type 7.2.3. By End User 7.2.4. By Source 8. Australia Cleaning Services Facility Management Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Service 8.2.2. By Type 8.2.3. By End User 8.2.4. By Source 9. Australia Security Services Facility Management Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Service 9.2.2. By Type 9.2.3. By End User 9.2.4. By Source 10. Australia Support Services Facility Management Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Service 10.2.2. By Type 10.2.3. By End User 10.2.4. By Source 11. Australia Catering Services Facility Management Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value 11.2. Market Share & Forecast 11.2.1. By Service 11.2.2. By Type 11.2.3. By End User 11.2.4. By Source 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends & Developments 14. Policy & Regulatory Landscape 15. Australia Economic Profile 16. Competitive Landscape 16.1. Spotless Group Holdings Limited 16.2. Ferrovial Services Australia Pty Ltd 16.3. Programmed Maintenance Services Limited 16.4. Serco Group Pty Limited 16.5. Fresh Start Australia 16.6. ISS Australia 16.7. Broadspectrum 16.8. BGIS 16.9. JLL Inc. 16.10. GJK 17. Strategic Recommendations For more information about this report visit https://www.researchandmarkets.com/r/s3e5pzResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Planon acquires a majority stake in real estate software company Reasult BV – Canada NewsWire
NIJMEGEN, Netherlands, Jan. 20, 2021 /CNW/ — The Planon Group and Reasult today announced that Planon has acquired a majority share in Reasult B.V., founded in 2000 and headquartered in Ede (the Netherlands). Reasult is a software company that optimizes the financial performance of real estate portfolios and projects. Reasult’s leading software solutions are used by real estate developers, asset managers and housing corporations in the Dutch- and German-speaking markets. Example customers are Amvest, a.s.r. real estate, VolkerWessels and HANSAINVEST.
The Reasult software suite includes solutions for real estate development, asset- and portfolio- management, valuation management and financial planning. Planon will combine the Reasult applications with its own solutions for asset management and tenant management and engagement, into one software suite. By doing so, Planon aims to support real estate owners and investors in optimizing the performance of their property portfolio from a financial, building operations and tenant engagement perspective.
“This acquisition is one of the first steps in Planon’s ambitious goals to accelerate its future growth. Planon firmly believes in the strength of Reasult’s solutions and its organization, both from a technical perspective and due to its extensive market knowledge and experience. It is therefore Planon’s plan to continue to expand the Reasult software suite, as it has done with previously acquired solutions such as SamFM and conjectFM. I am very excited about this acquisition and the possibilities it will offer to customers of both organizations to further develop their current solutions into an end-to-end property portfolio management solution,” said Pierre Guelen, CEO and founder of the Planon Group.
“As co-founder of Reasult 20 years ago, I am very excited about becoming part of a fast-growing global specialist in the field of building operations and service digitalization. With this move, Reasult will be able to further fulfil its strategy of offering a leading platform for optimizing real estate in the broadest sense. As part of a market leading organization, our customers and employees will benefit from this strategic step. The Planon and Reasult solutions are complementary which drives synergy and innovation. This collaboration will allow us to serve our customers in the best way possible and deliver innovative products to help real estate companies be ‘the best in class,'” said Aart Zandbergen, CEO at Reasult.
Medicine Hat's real estate market holds steady in 2020 – CHAT News Today
But as far as sales go, it’s very close to the city’s standard and is comparable to the 10-year average.
House prices have even gone up a little bit. Devine says the 6 percent increase is due to the cost of the new and bigger houses being built.
Meantime, the average residential home price is almost $300,000 for homes in Crescent Heights, Crestwood, and Ross Glen.
Relatively speaking, Devine says our city has been fairly stable during COVID-19 in the housing market and it hasn’t changed a whole lot.
“I think overall, people that have money still have money. COVID doesn’t affect those people too much. Working people, obviously the interest rate makes a big difference. For young people buying their first homes, interest rates make a big difference. I think due to the diversity of Medicine Hat and the economy here I think that’s why there are so many people buying and getting into starter homes.”
Devine expects 2021 to be a busy year for Medicine Hat in the real estate market
“I think the biggest factor is going to be probably people wanting to get out of cities and to a city of our size that has a lot to offer and has room to basically spread out and people aren’t so congested. I think it will be a very good thing for the city a size of Medicine Hat.”
For the December 2020 market trend summary from the Alberta Real Estate Association visit this link.
And as far as real estate goes, Devine says Medicine Hat is probably one of the most stable places in the country.
“Due to the diversity of the city. Obviously, the oil patch has an effect on us, but the size of the city is very good, farming and ranching community, manufacturing community, we have a lot of different things going for us in this area, so it works really good for the real estate market and keeps it very stable.”
Neuberger Arm Commits $320 Million to Asia Capital Real Estate – BNN
(Bloomberg) — Almanac Realty Investors, an arm of Neuberger Berman, has committed $320 million to Asia Capital Real Estate, a private equity firm focused on workforce housing.
The investment, led by Almanac managing director Justin Hakimian, is set to anchor ACRE debt and equity funds that target multifamily properties catering to tenants who don’t qualify for subsidized housing but don’t earn enough to afford homes where they live and work.
It’s a corner of real estate that, unlike hotels and malls, hasn’t been adversely impacted by the Covid-19 pandemic, the firms said Tuesday.
“The uncertainty of the current economic climate has had acute effects for commercial real estate, which is causing many investors to seek out funds with a more secure risk-return profile,” ACRE founding partner Michael Van Der Poel said in a statement.
Since the onset of the pandemic, ACRE has made loans to borrowers such as City Club Apartments for properties in Detroit, Michigan and Cincinnati, Ohio, and to Sovereign Properties for a multifamily project in North Richland Hills, Texas. It has also sold buildings in Atlanta and Athens, Georgia, to Fillmore Capital Partners, among other exits.
“Middle-market multifamily assets offer a more stable long-term outlook than many other areas of the market,” said Van Der Poel, who leads ACRE alongside founding partners Les Menkes and Blake Olafson.
ACRE, which manages more than $1.8 billion, has more than 20,000 apartments in its portfolio. Almanac will own a minority stake in ACRE and anchor its fourth equity fund, which will make bets on multifamily properties in the Southeast, Midwest and Texas.
Other institutional investors have also stepped up their bets on workforce housing. Bobby Turner’s Turner Impact Capital in December said it raised more than $350 million for its second fund, garnering backing from billionaire Bill Ackman’s Pershing Square Foundation, among others.
Neuberger last year acquired Almanac, which spun out of Rothschild in 2007, to bolster its real estate efforts. The firm has backed dozens of real estate owners and operators including Mack Real Estate Group, RXR Realty, Slate Asset Management and ReNew Senior Living.
©2021 Bloomberg L.P.
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