CONGRATULATIONS TO THE 2022 IWFM IMPACT AWARDS WINNERS! The IWFM Impact Awards 2022 took place on 17 October and what an incredible evening it was! Congratulations
Facilities Management There are many multiple definitions of facilities management. The British Institute of Facilities Management perceives it as “the integration of processes within an
The growth momentum in the FM outsourcing continued during the past one week with buyers keeping the market abuzz by putting some high value deals on
The growth story in the FM outsourcing space continues unabated as is evident from the number of bids invited by the buyers during the last seven
Housing in the United Kingdom represents the largest non-financial asset class in the UK. About 30% of homes are owned outright by their occupants, and
The past one week showed continuity in sustained growth impetus that the FM industry has seen in the past many weeks now. The week gone
Britain is a constitutional monarchy. That means it is a country governed by a king or a queen who accepts the advice of a parliament.
The growth story in the FM outsourcing space continues this week as well. The week witnessed the same momentum that has been in place for
Higher education in the United Kingdom (UK) has a long history. Teaching in the city of Oxford is documented from 1096, making the University of
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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.
For details, Read the free Summary report.
