For a more simplified definition, maintenance is a combination of actions that ensure any “item” can perform its function.
Sounds simple. We all know exactly why, when, where, and how we maintain our car and for what costs. We make smart and well considered decisions in postponing, combining, or advancing maintenance based on our budget, the risk of engine failure, the projected lifecycle of the car, and several other factors. For one car this is easily managed but for ten cars this would become an issue. And what if you project this maintenance for a complex real estate portfolio with many buildings that represent an enormous financial value and include many technical assets with many special maintenance requirements? You probably need a strategy to maintain that maintenance.
This white paper examines:
- Five reasons for maintaining real estate
- Maintenance strategy
- Maintenance regimes
- Maintain your maintenance
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