An asset plan provides the required direction for successful real estate management in a sector that needs careful management of physical property operations, staff, finance, and more. Property management's major purpose is to develop a real estate strategy for the property. With real estate as the primary source of profit, the organization focuses on managing owner and tenant connections in order to maximize net operating income. Hence the property manager represents the property owners and is responsible for ensuring smooth cash flow and profit production in order to increase the value of the property for all stakeholders. Net operating income, net yield, and cash return are the performance indicators for property management. However, the fundamental goal of facility management is to coordinate and implement real estate and productivity objectives while ensuring that all of the building's facilities are functioning properly. When it comes to using real estate as a tool for providing services, facility managers are more concerned with the end-user and the demands of the tenants. Hence when considering the role of the facility manager in the real estate, they should take action to reduce asset's environmental impact by implementing alternative energy sources, mass transport accessibility, water sub-metering, stormwater management, and more. As well as ensure interior quality and should decide maintenance of the mechanical equipment are out-source or done in in-house staff. Maintain enough records regarding maintenance activities and carry out the careful examination in order to find out any cracks or other signs of structural problems. Further, ensure the property is in compliance with relevant regulations and the manager should make a concerted effort to spend as much time as necessary listening to tenant feedback on property management and maintenance.

Reference : 

https://www.fmlink.com/articles/the-facility-managers-role-in-real-estate-management/