Factors Affecting Property asset Management Practice Of Public Higher Education Institutions; The Case Of Dire Dawa And Haramaya Universities

Property assets such as land and buildings are a key resource for all types of organizations, including public sectors. The limited public resources should be properly managed to get the most out of these resources. Despite its importance, limited scientific research has been undertaken to examine the factors that affect property management practice in public institutions in the case of higher public institutions. The study was conducted through a descriptive design of research. The study employed purposive sampling technique to select the respondents. The study’ssample size is 315 respondents from academic and administrative staffs who currently working at different position in two universities and have direct or indirect relationship with property management activities. A structured questionnaire and interview as a data collection instrument were used. The field data was statistically analyzed using descriptive statistics, factor analysis and narrative summary analyses. Findings indicate that knowledge on property asset management, organizational structure, asset management processes,legal framework relating to asset management, and Information technology on property management are affect property asset management practice at public universities.