Property management and facility management are similar terms though not exactly the same. A property manager has an expanded role which includes leasing and marketing activities whereas a facility manager focuses on existing tenants who are usually owner-occupants. Property management is the operation of commercial, industrial or residential real estate, and its services are pointed to the asset. On the other hand, facility management serves the building as well as the user and can be defined as the maintenance and care of buildings in a secure, cost-effective and environmentally sound manner aimed at the long-term preservation of the building. An expert in both sectors is MIBAG Property + Facility Management AG. The Swiss company provides integrated property and facility management solutions which span the entire lifecycle of a property and have a strong focus on energy management – all with the aim of creating attractive buildings for owners, investors and users.