Facility Management (FM) as an industry in the GCC is and will continue to be in a phase of rapid expansion, mainly due to the rapid pace of growth in infrastructure as well as commercial and residential real estate coming online within the next 5 years, as construction projects are continuously delivered in the Middle East.
This fact presents a significant opportunity for those service providers that can evolve from the more traditional, singleservice provision, towards offering integrated FM service packages to clients.
The single-service model in the region is currently bound within a market that is highly fragmented, and which has experienced an increase in competition from a large number of small companies that provide these single-services in all of the GCC countries. As a consequence of this, margins have been pushed down, making profitability for single-service providers tough to maintain.
Denne historien er fra December 2020-utgaven av Commercial Design.
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Denne historien er fra December 2020-utgaven av Commercial Design.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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WORKING TOGETHER
Professor Louise Valentine, Head of the Design School at Heriot-Watt University, on the importance of inclusive design in the workplace
WHERE CREATIVITY WORKS
Alhad Gore of Beyond Design Architects & Consultants brings his architectural expertise to life in the new office for Atul Patel Architects, blending functionality with creative flair to craft a workspace that inspires innovation and collaboration
FACILITATE INTELLIGENCE
How AI is redefining the future of facility management
DESIGNING A BETTER FUTURE
How inclusive office designs are shaping the modern workspace
ADDED VALUE
Is a good project manager the secret to success for a complex commercial design project?
RECOGNISING EXCELLENCE ACROSS THE SPECTRUM
The Grand Jury Meet of the third edition of Commercial Design Awards, a cornerstone event in India’s commercial design landscape, unfolded amidst the awe-inspiring expanse of the Welspun Global Carpet Plant in Hyderabad.
A VISION FOR 'TOTAL BUSINESS ECOSYSTEMS'
Jitu Virwani, Chairman and Managing Director of Embassy Group, redefines India's commercial real estate landscape by pioneering integrated, future-ready, and sustainable business ecosystems.
AWFIS TO DESIGN, MANAGE 165K SQ FT OFFICE SPACE FOR NSE IN MUMBAI
Awfis Space Solutions Limited on Tuesday said it will design and manage 1.65 lakh square feet of office space in Mumbai for the National Stock Exchange.
MACROTECH ACQUIRES 2.8 ACRES IN HINJEWADI
Realty developer Lodha, listed as Macrotech Developers, has acquired a 2.8acre plot of land in Pune's Hinjewadi area from Paranjape Schemes.
EMBASSY OFFICE PARKS REIT APPOINTS RITWIK BHATTACHARJEE AS INTERIM CEO
Embassy Office Parks REIT on Thursday appointed Ritwik Bhattacharjee as its interim Chief Executive Officer (CEO) with immediate effect, following Sebi’s order to suspend its CEO Arvind Maiya.
