Rain Contracts, the new app aimed at revolutionizing the facilities management industry, is launching on 1st March 2023. This powerful contract database offers unique insights
As a facilities management buyer, it’s essential to understand the different pricing models available to you. With the right model, you can benefit from the
There has been a flurry of contract awards in the facilities management sector over the past seven days. Buyers from the public and private sectors
The FM Industry participants had another successful week last week, with buyers remaining optimistic about outsourcing and suppliers eager to explore new prospects. The week
The last seven-day period has seen a bouncy in the contract awards sphere in the facilities management space. The week saw buyers from both public
This week has seen Hard FM services making a beeline for the potential suppliers with Planned and Reactive Building Maintenance services leading the charge followed
The UK logistics and distribution, as well as the manufacturing facilities management market, is a rapidly growing sector with several large organizations outsourcing their property
In recent years, the UK public sector has increasingly outsourced its real estate services and advisory to private companies. This move is driven by the
The week just gone by again proved to be productive for the FM Industry players with buyers staying upbeat on the outsourcing front and suppliers
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The United Kingdom is one of the largest markets for facility management services in Europe in terms of maturity and sophistication. The market is highly competitive as well, owing to the presence of several organized players and strong presence of top global companies, such as Mitie, ISS, Sodexo, CBRE, JLL among others.
The market has been valued at USD 63.97 billion in 2020 by Mordor Intelligence. Frost & Sullivan estimates the UK FM Industry revenues to be $43 Billion. As per our database the overall FM market in the UK stands at £107.2 billion in TCV. The public sector contributes 59% while the private sector contributes 41%. Among the service types Hard & Soft FM Contributed almost equally at 36% & 35% respectively. The integrated services contributed with 29%. Local government authorities were the lead buyers in the overall stack with 19% of value contribution followed by Central Government and Office both at 14% each.
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