Real estate can now be a permanent source of income, and may be a problem if you do not apply special measures for its maintenance and positioning in the market. To more accurately understand what management Real Estate, we turned to the experts of Kiev "URP group", which since 1995 been working on this interesting and promising market. Property management: concept, aims and objectives of management – a complex of activities designed (with the goals and objectives of the owner) on the effective use of the property, which means that ultimately profit from its use. Property management includes of four concepts (according to Western classification): – Facility management; – Property management; – Building management; – Asset management. Let's dwell on each of them. Facility management is a means by activities aimed at effective maintenance of the property and increase the period of its life cycle: control of communication and units, planning and renovations, ensuring continuity of communications (heat, electricity, water, telephone, Internet, telecommunications, etc.), organization of cleaning the premises and the surrounding area, protection of the facility and much more. Property management – a service on the selection of tenants, maintaining the necessary technical, financial and legal documentation work-related property. This type of property management include: the development and maintenance contracts, certificates of acceptance and surrender, keeping accounting records of the object (calculated from tenants and serving organizations, invoice, payment orders, etc.), to calculate the cost of the facility and their optimization, the calculation of financial indicators of the state of the object, etc. ices..