Facilities management – is the day to day management of three key areas in a facility to ensure efficient facility operations. These include soft services, business support services and technical services within the workplace. Facilities management integrates people, places, and processes within the facility in order to improve the productivity, life cycles and compliance of a specific facility.
Property management – includes the management and administration of property related services that include, lease agreement, property marketing, tenant installations, rent collection and property maintenance compliance. Property managers generally employ the services of facilities managers to ensure compliance in the three key service areas of soft services, business support services and technical services.