Practical Facilities Tips, News & Advice.
Just as commercial real estate (CRE) began to recover from the impacts of COVID-19, the industry is now entering a new era of financial pressures. Driven by an uncertain economy, aging infrastructure, extreme weather events, and a more conservative insurance underwriting landscape, property insurance premiums are climbing at an alarming rate. In Q1 2024, commercial […]
On the surface, 2025 has not shaped up to be an easy year for facilities managers. Economic uncertainty continues, and skilled labor shortages and budgetary restrictions are making it difficult to improve building performance. These challenges are especially prominent in older buildings with outdated systems and aging infrastructure. At the same time, external forces beyond […]
According to a study conducted by Memoori, the commercial building sector represents 11.8% of the total installed base of Internet of Things (IoT) devices worldwide. The research forecasts that the number of these devices in commercial buildings is expected to grow to 3.25 billion devices by 2028. Integrating technology such as artificial intelligence (AI), IoT, […]
The U.S. General Services Administration (GSA), in collaboration with the U.S. Department of Energy (DOE), announced a new request for information (RFI) focused on enabling energy efficiency and decarbonization in commercial buildings, contributing to a more efficient electric infrastructure and improving resiliency and occupant health. This latest RFI comes shortly after the GSA selected 17 emerging […]
Facilities management is one of many industries that have grown increasingly digitized and interconnected over the last several years. Technology is now integral to ensuring smooth facility operations, maintaining safety, tracking assets in real-time using the Internet of Things (IoT), optimizing the utilization of resources, and so on. As recent events have shown, when essential […]
Driving efficiency is a competitive imperative in the modern-day market. Facilities management is, for many, a large component of a significantly larger initiative. The pursuit of creating a business environment where systems work in tandem to ensure productivity, employee comfort, and process optimization has nearly universal appeal. However, instituting a cohesive facility optimization strategy can […]
The U.S. General Services Administration (GSA) has announced plans to invest $80 million from the Inflation Reduction Act (IRA) into smart building technologies that will help reduce emissions, increase efficiency, reduce costs, and enhance comfort across an estimated 560 federal buildings. The GSA said the investments, impacting 49 states, Puerto Rico, the U.S. Virgin Islands, […]
As a facilities manager in the U.S., are you facing the same major problems as your colleagues across the pond? A new survey of 750 European FM professionals reveals that mental health is the biggest challenge they face, with 39% pinpointing it as a critical issue. According to the Voice of the Facility Manager report from real estate […]
The Internet of Things (IoT) is a groundbreaking, innovative technology that profoundly transforms facilities management. Running a facility encompasses a wide range of day-to-day tasks, ranging from asset management to security and access control, and IoT is pivotal in making those tasks and duties more manageable and autonomous. IoT in Facilities Management IoT technology is […]
More than six in 10 organizations globally (62%) say recent wildfires, floods, and storms during 2023 will have a material impact on their environmental initiatives, according to the fifth edition of Honeywell’s Environmental Sustainability Index (ESI.) Another 45% admit the extreme heat will have or has already had a material effect on their near-term plans. Compiled […]