Transguard takes bigger slice of $8 billion UAE FM market

Press release
Published September 7th, 2011 - 07:54 GMT

Al Bawaba
Al Bawaba

The Transguard Group, an Emirates Group company, is targeting new potential business within the retail sector through its rapidly expanding facilities management (FM) division, after a raft of new contract wins awarded to its Cleaning and Hospitality teams.

Nigel Hall, Transguard’s Executive Director of FM Services, commented: “These contracts were won in a highly competitive market. However, total outsourced facilities management in the UAE is expected to generate increased revenues of up to US$8 billion by 2013 and the Dubai Chamber of Commerce and Industry forecasts that Dubai’s retail sector will grow by 5.5% in 2011. Our strategy is to gain a larger share of a robust and growing FM market, particularly in the retail sector.”

The pick of the new contract wins is a three-year agreement with Emaar-owned Dubai Marina Mall, where a 40-strong team will provide full-service cleaning throughout the 36,000-square metres of leasable retail space.

Other significant wins include the Middlesex University campus in Dubai’s Knowledge Village and deployment of a team of 20 housekeepers to the recently-opened five-star Kempinski Hotel & Residences Palm Jumeirah.

According to the MasterCard 2011 Worldwide Index of Global Destination Cities, both Abu Dhabi and Dubai report impressive growth rates for inbound tourism this year against 2010 figures, at 15.5% and 17.3% respectively.

“Tourism and retail go hand-in-hand, and the UAE’s commitment to driving inbound visitor numbers is key to creating major business potential as we move forward,” added Hall.

The company has also been awarded a contract for exterior window-cleaning services at the Marina Quays residential development in Dubai and the Park Hyatt hotel in Abu Dhabi.

Background Information

Transguard Group

Transguard Group was established in 2001 and has diversified significantly, now leading in the fields of Cash Services, Security Services, Manpower Services and Integrated Facility Services. Transguard is the UAE’s most trusted business support and outsourcing provider and has a large, dynamic and culturally diverse workforce numbering in excess of 65,000 people.

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