ABSTRACT

This chapter examines the development of property management in terms of the VFM test: land audits; property reviews and transition towards the 3Es. It goes on to look at the consensus emerging over the VFM test and questions the transition to the 3Es has raised about the development of property management. Investigating the 'all-pervasive' marketisation of property management, the examination draws attention to the technical and economic basis of the development. Here attention is drawn to the high-tee, economic cum cultural paradigm of an information rich, communicative form of property management and the place it takes in the reorganisation and reform of services provided under the emerging structures of post-Fordism and neo-Schumpeterian workfare state. The paper draws the investigation to a close by providing some 'sign-posts' in the development of property management.