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The Essential Guide to Corporate Real Estate: Chapter 8 - Facility Management
In chapter 4, which addresses the property life cycle, three phases are
identified: acquisition, holding period, and disposition. The holding period, or retention period, is the time the space is held by the corporation, and it is in this phase of the property life cycle that facility management (or facilities management, sometimes abbreviated as FM) comes into play.
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By CoreNet Global's What's Next Podcast
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In chapter 4, which addresses the property life cycle, three phases are
identified: acquisition, holding period, and disposition. The holding period, or retention period, is the time the space is held by the corporation, and it is in this phase of the property life cycle that facility management (or facilities management, sometimes abbreviated as FM) comes into play.
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