Commercial Asset Management

Commercial  Asset Management, is a systematic and coordinated activities and practices through which a commercial asset owners optimally and sustainably manages their  physical assets and their performance, risks and expenditures over their life cycles. Commercial assets such as office buildings, commercial residence buildings, hotels, motels, resorts, shopping centers, etc. A commercial property owner can manage two types of assets. (i) All fixed assets: normally attached with a property. For example furnace, water heaters, air conditioner, other HVAC systems, fire protection systems, major appliances, health & safety detectors, roofs, etc. (ii) All mobile / personal assets which are not normally attached with a property, for example car, other commercials vehicles, audio/video/ security systems etc.

All benefits are similar to residential asset management.