The characteristics of real estate assets management practice in the Malaysian Federal Government

Purpose – The management of public real estate assets by government agencies has been in place for many years as government agencies own their real estate assets in order to provide services to their communities. The management process becomes progressively complex and difficult because real estate ownership by agencies increases in amount, value and diversity over time. The purpose of this paper is to explore the current characteristics of the real estate management practice that is being implemented by the Malaysian Government agencies.Design/methodology/approach – A qualitative approach has been used for this study where the data were collected through the use of interviews. The respondents to the study were government officers who execute real estate management functions within the ministries. The collected data were subsequently analyzed through the framework analysis method.Findings – The results have shown that eight characteristics can be used to illustrate how the government's real estate assets ...

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