Cost unit

Principle

In return-oriented real estate management (REIM), the operating and administrative costs are charged according to the standards of tenancy law as well as the regulations defined individually per tenancy agreement between tenant and landlord. In Corporate Real Estate Management (CREM), there are no uniform standards for this charging.

The cost model of the FM Monitor is based on a generally valid cost model that was developed on the basis of best practice and derivations from the REIM standards. This model distinguishes between three cost units:

• Owner costs
• Service charges
• Direct tenant costs

If the cost units are combined, this corresponds to the full costs, incurred for the operation of a property.

The differentiation of cost units is intended to make it easier for all market participants to record their data. Different recording schemes are offered for this purpose.