Commercial Building and Offices Market – Overview, FM Market in UK, Outsourced FM Market by Type and Service, Impact & Opportunities due to COVID-19

Executive Summary

Global economic growth came to an abrupt halt in Q1, the first global quarterly contraction since 2011, mainly due to coronavirus pandemic. New opportunities in the market will be even more reliant on the resilience of the companies and relationships. What will be the target operating model post crisis? Will the role of digitisation expand in the sector? What sort of opportunities will be created due to COVID-19?

The report also talks about outsourced contracts in Offices and Commercial Buildings FM space. In 2019, banking and financial Services contributed the highest to the outsourced offices and commercial buildings FM market – accounting for 37% of the total followed by Other buildings at 27% with the remaining market split between Accounting and Law firms, Media and IT and Telecoms. How many FM deals have been concluded in this sector and what is the split between soft FM, hard FM and integrated FM among those?

Key Highlights:

The study includes overview of outsourced FM market in office and commercial buildings space and deal volume by type of FM over next four years. Some of the key highlights of report are:

  • Overview of outsourced FM Market in UK: Split by Service & Sector, Share of key players
  • Breakdown of Offices and Commercial Buildings in Outsourced FM Market
  • Deal volume by type of FM over next four years
  • Impact and opportunities due to COVID-19

Table of Contents

About The Author

Baskar Sundaram
MANAGING DIRECTOR & GLOBAL HEAD OF STRATEGY

Baskar founded Baachu Rain in 2016 and directs the firm’s research strategy across all practice areas. He also leads the Facilities Management and Justice practice on an interim basis. Baskar has over fifteen years of experience in strategy consulting and research. He previously worked for Serco PLC. Baskar holds a MSc in Electrical Engineering from Imperial College London.

Updated July 2022

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