Property Control can also be referred to as:

Property control is closely associated with asset management because it involves the systematic process of overseeing and maintaining properties to ensure their optimal use and value. Asset management encompasses a broader strategic approach, focusing on acquiring, managing, and ultimately disposing of assets effectively in alignment with an organization’s goals. This role includes not just physical management but also financial, operational, and risk management aspects, making it a comprehensive term that encapsulates the principles of property control.

Property procurement, supply chain management, and real estate services, while related, do not capture the full scope of responsibilities that asset management entails. Property procurement specifically focuses on the acquisition process rather than ongoing management. Supply chain management deals primarily with the flow of goods and services, which does not directly relate to property oversight. Real estate services may include a broader spectrum of commercial transactions and services, but it does not specifically imply the control and management aspect emphasized in property control. Therefore, asset management is the most accurate term that aligns with the concept of property control.