REAL ESTATE AND FACILITIES MANAGEMENT
DREFM makes it easier for government to do business and Virginians to do business with government by providing a full range of real estate services and facilities management to state agencies to best meet their needs while avoiding unnecessary costs.
DREFM manages the Commonwealth's broad portfolio of leases, sells or assists with redeploying underutilized real estate assets and oversees other real estate transactions as needed by state agencies. The Division assists agencies and institutions to develop and maintain facility strategic plans, assessing current and future facility needs. DREFM also maintains the Commonwealth's real estate record management system, COVA Trax, tracking land, building and lease data, and provides reports to the General Assembly on how facilities are used.
By The Numbers