Page 13 - Property Sustainability Report 2015

Our Operations
The Property Department comprises 3 sections: Development and Project Management, Facilities Management, and Asset Management. These sections collectively allocate the budgetary and managerial resources to operate the Club’s building portfolio, and individually contribute to the improvement of the quality of our services, and the e cient and cost-e ective management of our assets. We also have two special projects: the Conghua Training Centre will expand the Club’s horse training and care facilities, and the Central Police Station will provide the local community and overseas visitors an arts and leisure facility in 16 revitalised heritage buildings.
The Club’s property portfolio spans world-class racecourses, Telebet Centres, community facilities, and heritage conservation projects, we therefore remain unique in the nature and focus of our operations. The Property Department’s three sections allow us to implement building sustainability across the entire building life cycle and develop holistic approaches to address sustainability issues across the Club’s diverse portfolio.
Roles of each section:
DEVELOPMENT & PROJECT MANAGEMENT
• Identi es business needs and establishes development proposals
• Develops and manages project implementation plans to ensure projects are carried out
in accordance with the agreed objectives
• Manages the Club’s property development process from inception to completion and
creates value by developing and managing facilities
FACILITIES MANAGEMENT
• Integrates people, place, process and technology into the ongoing operation of the
Club’s property portfolio
• Ensures the functionality of the built environment of Club-wide operating facilities
• Monitors and demonstrates achievement of agreed service levels and improvements
ASSET MANAGEMENT
• Evaluates property options to provide portfolio investment advice • Completes appraisals and property valuation
• Advises on negotiation strategy for leasing and acquisition
The Hong Kong Jockey Club – Property Sustainability Report 2015 13
OUR PORTFOLIO & OPERATIONS