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U.S. state governments own a large array of fixed assets and lease a great number of parcels of private real properties for public uses. The purpose of this paper is to explore the public asset management system of the U.S. state governments. First, this paper analyzes the major, current public asset management systems and the public procurement systems created by the Organization for Economic Co-operation and Development and the U.S. Government Accountability Office. Based on the analysis, this paper constructs a comprehensive public asset management system that consists of six cornerstones. Second, this paper verifies the comprehensive public asset management system using the data collected from thirty-seven surveyed state governments. The data analysis demonstrates that the comprehensive public asset management system is supported. However, each cornerstone of the comprehensive public asset management system presents different strengths. Third, this paper suggests that further research may delve into particular areas of capital asset management at the state government level to identify critical issues and to provide appropriate resolutions.

The purpose of this paper is to identify the challenges faced by local government in Indonesia when adopting a public asset management framework.

A case study within the South Sulawesi provincial government was used as the approach to achieve the research objective. The case study involved two data collection techniques – interviews and document analysis.

The result of the study indicates there are significant challenges that the Indonesian local government need to manage when adopting a public asset management framework. Those challenges are: the absence of an institutional and legal framework to support the asset management application; the non‐profit principle of public assets; multiple jurisdictions involved in the public asset management processes; the complexity of local government objectives; the non‐availability of data for managing public property; and limited human resources.

This research is limited to one case study. It is a preliminary study from larger research that uses multiple case studies. The main research also investigates opportunities for local government by adopting and implementing public asset management.

The paper's findings provide useful input for the policy makers, academics and asset management practitioners in Indonesia to establish a public asset management framework resulting in efficient and effective organizations, as well as an increase of public services quality. This study has a potential application in other developing countries.

The purpose of this paper is to outline the development of public sector real estate asset management in the UK from the 1980s to the present day.

The paper is a narrative based upon a chronology of a selection of the reports, studies and research of the subject by academics, audit bodies, consultants, government departments, eminent business people and economists. The principal findings of the referenced reports/research are drawn out and highlighted. It should be noted that the extensive reference schedule is arranged in date order and not in the usual alphabetic sequence.

The analysis shows cycles of asset management focus across the public sector over the 30 years of the narrative. The attention of government changes, often reflecting straitened economic times, from influencing local authority asset management to highlighting the better use of the assets used by its departments. A strategy to involve private sector‐generated solutions to improve efficiency and generate cash is currently under development.

This is a narrative paper. In‐depth research of the referenced reports would produce valuable insights to inform future strategies.

Strategists should be aware that some asset management issues identified in the 1980s remain unsolved and are still evident today.

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.