Eye on Realty launches Property Management Department
Tuesday, September 25, 2007
Eye On Realty Brokers has announced the launch of a dedicated Property Management Department, designated to open accounts for clients and investors, who wish to obtain short-to-long term returns on their property portfolio in UAE.
The Sales and Marketing Director of the firm, Kayhan Khalil, said "The division will have dedicated staff who will work towards obtaining the best possible returns on properties, which the clients are likely to have entrusted Eye On Realty to exclusively manage. We will analyze the possible options, explain them a number of different routes from short-term to long-term options, quoting guaranteed returns, based on which the clients could arrive at their decision."
The Business Development and Marketing Communications Manager, Babak Golriz, mentioned that establishing such a department has been a long-time dream of the company, and being an attractive proposition, it is sure to draw a large number of clients, as the department already has numerous contracts in hand, despite not being made public yet.
Eye on Realty already has a large portfolio of units that are being managed by the company currently, despite being in the initiation stage. 'Eye On Realty' is also planning to enter into a tie-up with a major player in the holiday-home provider during the next couple of weeks, as it would help extend the scope of services and provide potential investors and clients.
A formal announcement regarding the operations of Eye On Realty, and details of the agreement with the un-named company is expected anytime soon.
Social BookmarkingThe Sales and Marketing Director of the firm, Kayhan Khalil, said "The division will have dedicated staff who will work towards obtaining the best possible returns on properties, which the clients are likely to have entrusted Eye On Realty to exclusively manage. We will analyze the possible options, explain them a number of different routes from short-term to long-term options, quoting guaranteed returns, based on which the clients could arrive at their decision."
The Business Development and Marketing Communications Manager, Babak Golriz, mentioned that establishing such a department has been a long-time dream of the company, and being an attractive proposition, it is sure to draw a large number of clients, as the department already has numerous contracts in hand, despite not being made public yet.
Eye on Realty already has a large portfolio of units that are being managed by the company currently, despite being in the initiation stage. 'Eye On Realty' is also planning to enter into a tie-up with a major player in the holiday-home provider during the next couple of weeks, as it would help extend the scope of services and provide potential investors and clients.
A formal announcement regarding the operations of Eye On Realty, and details of the agreement with the un-named company is expected anytime soon.
Labels: Property-Management, Real Estate Company, UAE
Realty owners in Dubai look for better quality services
Monday, August 13, 2007
A leading industrial expert is reported to have commented that the Middle East is witnessing a new property owner profile, which demands higher standard and quality in building services, security, energy usage and environmental impact. This is due to the fact that emirates throughout the region are open to various levels of foreign ownership, be it leasehold or freehold, and this is making way for a new trend.
The financial sector is one of the leaders in this new trend. More number of financial institutions, both regional and international are employing staffs who are aware about an effective facility management. Farnek, for instance, has more than 500 buildings that cover a floor space of over one million square meters. It provides security protection for over 100 properties and keeps 100 installations operational, and claims to be able to keep up a building's energy cost by 25%.
Though the estimates may not be the same, the Frost & Sullivan Middle East Survey suggests that facilities management market in the region will grow from US$200 million during 2006 to US$576 million by 2012, with UAE, Qatar, Oman, Bahrain and Kuwait, as major leaders in this path.
Though facilities management in the Middle East is still in its initial stages, it is progressing relatively fast, and will soon outstrip the booming construction industry in the region. With the induction of more buildings for leasehold and freehold, more managers and property owners are actually looking at the life-cycle cost of their buildings.
The financial sector is one of the leaders in this new trend. More number of financial institutions, both regional and international are employing staffs who are aware about an effective facility management. Farnek, for instance, has more than 500 buildings that cover a floor space of over one million square meters. It provides security protection for over 100 properties and keeps 100 installations operational, and claims to be able to keep up a building's energy cost by 25%.
Though the estimates may not be the same, the Frost & Sullivan Middle East Survey suggests that facilities management market in the region will grow from US$200 million during 2006 to US$576 million by 2012, with UAE, Qatar, Oman, Bahrain and Kuwait, as major leaders in this path.
Though facilities management in the Middle East is still in its initial stages, it is progressing relatively fast, and will soon outstrip the booming construction industry in the region. With the induction of more buildings for leasehold and freehold, more managers and property owners are actually looking at the life-cycle cost of their buildings.
Labels: Market Trends, Property-Management, Real Estate News
