Defined digital Facilities’ Management (FM) systems will contribute to the realisation of the United Nations’ Sustainable Development Goal (SDG) 11. Of the available digital FM systems, Building Information Modelling (BIM) for FM, herein referred to as BIM-FM, is the least developed. Where BIM-FM varies from existing digital FM tools is its advanced 3D visualisation capabilities. A semi-structured literature review is undertaken to assess the current implementation of BIM-FM and identify opportunities to engender its increased adoption. This paper is part of an ongoing piece of research aimed at defining a standard methodology for the application of BIM to historically significant structures, otherwise known as Historic BIM (HBIM). Two existing approaches to BIM-FM, current and developing, are outlined. The potential value BIM-FM can provide according to the literature is discussed but there exists minimal practical evidence to justify these claims. Barriers to its adoption are discussed, with a key underlying barrier found to be a lack of defined user requirements. Consequently, functional, modelling and information requirements established within the literature are identified, and existing attempts at realising the requirements are discussed. Six information categories and two functional requirements are identified. It is theorised that the tendency to utilise simplified geometric models for FM is primarily due to software and practical limitations as opposed to actual end user needs, and it is suggested that this should be investigated further in future work. Attempts at realising BIM-FM user requirements using other advanced technologies, primarily Digital Twins, are investigated and found to be an area of increasing commonality. A new conception of BIM-FM is proposed.