Infrastructure Lifecycle Management

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Infrastructure Lifecycle Management (ILM) is a term coined by the real estate sector. It covers the management of all core processes around planning, construction, operation, maintenance and commercialization of buildings or property. The life cycle of a real estate property starts with the planning and realization phase, carries on with the commercial usage and facility management and is finalized by the demolition, dismantling or conversion of the property.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing." It is a legal term used in jurisdictions whose legal system is derived from English common law, such as India, England, Wales, Northern Ireland, United States, Canada, Pakistan, Australia, and New Zealand.

Construction Process of the building or assembling of a building or infrastructure

Construction is the process of constructing a building or infrastructure. Construction differs from manufacturing in that manufacturing typically involves mass production of similar items without a designated purchaser, while construction typically takes place on location for a known client. Construction as an industry comprises six to nine percent of the gross domestic product of developed countries. Construction starts with planning, design, and financing; it continues until the project is built and ready for use.

Commercialization or commercialisation is the process of introducing a new product or production method into commerce—making it available on the market. The term often connotes especially entry into the mass market, but it also includes a move from the laboratory into commerce. Many technologies begin in a research and development laboratory or in an inventor's workshop and may not be practical for commercial use in their infancy. The "development" segment of the "research and development" spectrum requires time and money as systems are engineered with a view to making the product or method a paying commercial proposition. The product launch of a new product is the final stage of new product development - at this point advertising, sales promotion, and other marketing efforts encourage commercial adoption of the product or method. Beyond commercialization can lie consumerization.

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Facility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The International Organization for Standardization(ISO) defines facility Management as the "organizational function which integrates people, place and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business."

Property management is the operation, control, and oversight of real estate management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business.

Condo hotel building, which is legally a condominium but which is operated as a hotel

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Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets and to intangible assets. Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner.

An integrated workplace management system (IWMS) is a software platform that helps organizations optimize the use of workplace resources, including the management of a company's real estate portfolio, infrastructure and facilities assets.

The real property administrator (RPA) designation is a professional designation for people who work in property management. The designation is administered by Building Owners and Managers Institute (BOMI) International, an independent nonprofit institute for property and facility management education.

UGL, formerly known as United Group is an engineering company. The company provides construction, maintenance and asset management services to the rail, resources and infrastructure sectors and corporate real estate, facilities management and business process outsourcing services to property users. Its clients are large companies, governments and institutions in Australia, New Zealand, Asia. It was purchased by the CIMIC Group in December 2016.

Ministry of National Development (Singapore)

The Ministry of National Development (Abbreviation: MND; Chinese: 国家发展部 Malay: Kementerian Pembangunan Negara; is a ministry of the Government of Singapore that directs the formulation and implementation of policies related to land-use planning and infrastructure development.

Lease administration is a department that usually falls under an organization's real estate department. Lease administration involves receiving rents from facilities they own and paying rent for the facilities they lease, and other activities. It has become an integral part of the accounting, administrative, and legal requirements normally associated with a real estate portfolio. Job responsibilities for lease administrators and real estate professionals include: lease review and abstracting, accounting and processing, lease audits, CAM charges, lease renewal options, repairs and maintenance, information management and reporting, occupancy cost analysis, operating expense review, and document storage and maintenance.

Real estate development multifaceted business encompassing activities related to buildings and land

Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction, although many developers also manage the construction process.

Corporate real estate is the real property held or used by a business enterprise or organization for its own operational purposes. A corporate real estate portfolio typically includes a corporate headquarters and a number of branch offices, and perhaps also various manufacturing and retail sites.

3i Infotech

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Infrastructure asset management

Infrastructure asset management is the integrated, multidisciplinary set of strategies in sustaining public infrastructure assets such as water treatment facilities, sewer lines, roads, utility grids, bridges, and railways. Generally, the process focuses on the later stages of a facility's life cycle, specifically maintenance, rehabilitation, and replacement. Asset management specifically uses software tools to organize and implement these strategies with the fundamental goal to preserve and extend the service life of long-term infrastructure assets which are vital underlying components in maintaining the quality of life in society and efficiency in the economy.

UEM Edgenta Malaysian total asset solution business

UEM Edgenta Berhad is one of Malaysia's largest total asset solutions businesses. Listed on the Main Market of Bursa Malaysia Securities Berhad with market capitalisation of RM2.3 billion as at 30 August 2017, UEM Edgenta provides three key offerings – consultancy, services and solutions – to three sectors, i.e healthcare, infrastructure and real estate.

armasuisse Swiss governmental agency

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Air Force Civil Engineer Center

The Air Force Civil Engineer Center (AFCEC), located at Joint Base San Antonio-Lackland, Texas, is a 1,900-person primary subordinate unit, assigned to Air Force Materiel Command and attached to the Air Force Installation and Mission Support Center-Provisional. The center is responsible for providing responsive, flexible full-spectrum installation engineering services. Conducting operations at more than 75 locations worldwide, the center's missions include facility investment planning, design and construction, operations support, real property management, energy support, environmental compliance and restoration, and audit assertions, acquisition and program management.

AG Real Estate is a wholly owned subsidiary of AG Insurance (Ageas) and the largest real estate group in Belgium, headquartered in Brussels. AG Real Estate has a portfolio under management of over €6 billion that incorporates office buildings, shopping malls, logistics properties, residential properties and shares in real estate investment funds, both listed and unlisted.

Victoria Garden City (VGC) is a gated community(estate) off Lekki Express Way, Ajah area, Lagos State. It spans approximately 200 hectares and serves as a residential, commercial and public service area. It is owned and operated by HFP a construction company. It is privately owned with an urban growth rate of between 16% to 18%.

The Defence Estate and Infrastructure Group is the infrastructure and service delivery organisation of the Australian Department of Defence responsible for environmental stewardship, land management and facilities maintenance of the Australian Defence Force. The Group is led by the Deputy Secretary for Estate and Infrastructure.

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