Al Fara'a Integrated Construction Group has announced the introduction of its facilities management (FM) division, a new arm set up to supply FM services and solutions for the expanding real estate portfolio of Al Fara'a Properties.
The introduction 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.
Al Fara'a Integrated Construction is a group of 10 integrated construction solutions providers in the UAE.
Initially, the expansion will address the FM requirements of the developer's inaugural project - Le Grand Chateau in Jumeirah Village, which is presently at the handover phase, and eventually those of its future developments.
The new division will collaborate closely with Rera and function as per its regulations and will be staffed with a team of highly qualified professionals. The range of services provided by the FM division will entail property strategy, environmentally oriented building operations and maintenance and the management of lettable space.
According to recent reports, the facilities management industry in the UAE is predicted to grow to $10 billion (Dh36.73) by 2012, given the increasing number of projects slated for delivery in the next two years.
