Al Fara’a Integrated Construction Group launches facilities management division to cater to expanding real estate portfolio

Published August 1st, 2009 - 10:32 GMT

Al Fara’a Integrated Construction Group, a group of ten integrated construction solutions providers in the UAE, has announced the launch of its facilities management (FM) division, a new subsidiary established to supply FM services and solutions for the expanding real estate portfolio of Al Fara’a Properties. The launch of the new division is aligned to the Al Fara’a Group's continued focus on vertical integration to ensure quality value adding solutions throughout the construction value chain. Initially, the expansion will address the FM requirements of the developer’s inaugural project – Le Grand Chateau (LGC) in Jumeirah Village (JV), which is currently at the handover phase, and eventually those of its future developments. Amidst the ongoing handover of LGC and plans to deliver the rest of the Al Fara’a’s projects in Jumeirah Village, including ‘Mulberry Mansions’ and ‘The Manhattan’ – in 2010, the new FM division will provide customised and fully integrated property management solutions to these projects.

In line with the fundamental focus of Al Fara’a to ensure that the highest possible value is generated over the long term by its clients, the strategy of the new FM division is to exercise best procurement practices to assure property owners of the best value driven pricing and quality when it comes to the way their investments are managed. The new division will collaborate closely with RERA and operate as per its regulations and will be staffed with a team of highly qualified professionals. The range of services offered by the FM division will include property strategy, environmentally oriented building operations and maintenance and the management of lettable space. Furthermore, the FM division will continue to work closely with the master developers in a bid to maintain and enhance the market value of the property portfolio of the entire Al Fara’a group.

“At Al Fara’a, we are focused on exceeding the expectations of our clients, and the establishment of our new facilities management division forms part of our commitment to deliver a comprehensive range of quality-oriented services to clients, in line with our long-term growth strategy,” said Dr JR Gangaramani, President and Executive Chairman, Al Fara’a Integrated Construction Group. “With our long experience of serving the UAE market, we have developed a high level of expertise and a broad range of in-depth knowledge of the local and regional markets, which keep us aligned with our commitment to deliver high quality results through integration of upstream and downstream of the value chain. We have focussed on delivering high value projects that will generate sustained and consistent returns for our clients, and establishing a facilities management division is the next logical step in delivering long term high value returns to our stakeholders.”

According to recent reports, the facilities management industry in the UAE is predicted to grow to USD 10 billion by 2012, given the increasing number of projects slated for delivery in the next two years. In addition to forming part of the region’s expanding FM market, the establishment of the new division complements the UAE Government’s decision to implement green building regulations and policies as part of its efforts to establish a sustainable and eco-friendly society. This also underlines the Group’s commitment towards the implementation of sustainable building measures across all its projects, which will be driven by the FM division.

“The Al Fara’a Group remains steadfast in strengthening its hold as one of the region's leading integrated construction solutions providers. This new division will help us achieve this goal by meeting all of the maintenance and facilities needs of our properties, while promoting a strong relationship with the homeowners’ association by ensuring that they benefit from top quality services at highly competitive rates. Our services do not end during the hand-over, but continues from thereon through the delivery of dedicated after-sales services. This new venture will certainly ensure our clients that they will be moving into fully equipped and properly maintained properties,” concluded Natasha Gangaramani, Director, Al Fara'a Properties.

Backed by three decades of experience within the regional real estate and related industries under the banner of its umbrella organisation, Al Fara'a Integrated Construction Group, Al Fara’a Properties has successfully launched a diverse mix of residential projects incorporating French and New York-inspired as well as modern design themes. The developer leverages its extensive experience in the regional construction and contracting industries, and its access to top-quality building materials through its affiliation with various partners who are also part of the Al Fara’a Group. Al Fara'a Properties has consistently achieved a healthy pace in all its development projects and is on track for the delivery of all property units to its customers.

About Al Fara'a Integrated Construction Group:
Al Fara'a Integrated Construction Group has a solid track record of three decades, executing prestigious projects in the UAE, building a reputation for delivering outstanding client value and completing projects on time and within budget. It is a conglomerate of leading business entities including Al Fara'a General Contracting, Unibeton, Belgium Aluminium and Glass and Al Sabbah Electro Mechanical.

Unibeton, is the market leader in ready mix concrete, and recently created history by pouring a record 22,000 m3. of concrete in less than 35 hours at Al Attar Sky Spiral, Dubai. Belgium Aluminium and Glass is UAE's largest service provider for the fabrication and installation of aluminium and glazed structures and decorative metal work. Other business entities of Al Fara'a Group deal in contracting, precast, joinery, and steel structure, covering the entire domain of the Construction Industry. Led by a team of experienced engineers, managers and technical experts, Al Fara'a Integrated Construction Group utilises the most advanced technology and offers multidisciplinary services through one client interface, which reduces costs, simplifies the most complex projects, and enables the company to deliver premium value to the client.

About Al Fara’a Properties
Al Fara'a Properties was established by the Al Fara'a Integrated Construction Group, and leverages the Group’s three decades of experience to build a world-class, professional and client-oriented property development arm. The services offered by Al Fara'a Properties include property development, sales, management, investment portfolio, facilities management, leasing and corporate client consultancy. Born out of the Al Fara'a Group's core values of integrity, customer satisfaction, building partnerships, ethical and professional service delivery, and commitment to enhance customer value, Al Fara’a Properties will keep on track to become one of the premier developers in the region.


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