The Homes and Community Agency (HCA) have stated that "Social housing is primarily an asset based business." Strategic asset management in affordable housing is an emerging specialist field. Traditionally, Property Management was all about physical housing care; repairs, maintaining standards and improvements using building regulations as a benchmark but without a long-term view and without properly considering options and alternatives.
Today, this involves the balancing of costs, opportunities and risks against desired performance, to achieve the organisational objectives. This balancing might need to be considered over different timeframes and will inevitably introduce new, creative and potentially more risky options for us to think about as a business.
Asset Management also enables an organisation to examine the need for, and performance of, assets and systems at different levels. Additionally, it enables the application of analytical approaches towards management over the different stages of the life cycle (which can start with the conception of the need, through to disposal, and includes the managing of any potential post disposal liabilities).
We support clients in the development of compliant, viable strategies and business planning to improve, remodel or replace its stock, as required, through the use of Options Appraisals and facilitated stakeholder engagement in order to ensure clients can achieve a goal where their stock is of a high standard, is in the right place and is able to meet current and future demand.
- Gloucester City Homes
- Cluid Housing (Ireland)
- Midland Heart
Asset Management Case Studies