Mace’s Post

Ready to create a tenancy contract in Dubai? Follow our quick step-by-step guide. #MyProperty #uaeproperties #dubaiproperties #experts #realestateinvestment #propertymanagementservice #consultation #mypropertymanager #propertymanagement #management

Had a fantastic time participating in today's panel alongside esteemed colleagues from the industry. Here are some key takeaways: 1. Importance of Tourism for KSA: Vision 2030 aims to propel Saudi Arabia into a top five global destination, with the goal of increasing tourism's contribution to GDP from 3% to 10%. This entails developing over 300,000 accommodations to cater to more than 100 million visitors by 2030. 2. Rise of EWAA (Eco, Wellness, Adventure, and Agritourism): Particularly in Saudi Arabia, which boasts numerous adventure-based destinations. 3. Emergence of Boutique and Lifestyle Hotels: These establishments prioritize design integration, local essence, and personalized service. Recent studies indicate a 20% growth in demand for boutique hotels, far outstripping the 4-5% growth of the hotel industry overall. 4. Modular Construction and Innovation: The construction sector is increasingly embracing advanced technologies like Big Data, Digital Twins, and Drones. Modular construction, in particular, holds promise for reducing environmental impact and accelerating project completion by up to 50%, while simultaneously reducing waste by 80%. 5. F&B Trends: KSA is witnessing a shift towards experiential dining, cultural immersion, and a preference for healthier options, along with the rise of local brands. 6. Sustainability: There's a growing preference among travelers for properties with sustainable certifications. A portion of travelers are even willing to pay premiums of up to 75% for eco-friendly accommodations. Finally, thanks to Construction Week Middle East for the great organization, and kudos to Sachin Kerur for his excellent moderation skills.

🌟 𝐓𝐡𝐞 𝐆𝐂𝐂 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐓𝐚𝐤𝐢𝐧𝐠 𝐎𝐟𝐟! 💹 The #GCC_Facility_Management_Market is projected to grow at a #CAGR of around 8.2% during the #forecast period, i.e., 2021-26. ✨ 𝗚𝗿𝗮𝗯 𝘁𝗵𝗲 𝗖𝗼𝗺𝗽𝗹𝗶𝗺𝗲𝗻𝘁𝗮𝗿𝘆 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝟮𝟬𝟮𝟰-𝟯𝟬) - https://lnkd.in/dGWZzhii 𝗥𝗲𝗰𝗲𝗻𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗯𝘆 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 📊 In March 2020, foundation stones of the sixth #building in the Knowledge Oasis Muscat (KOM) & a #facility in Al Rusayl Industrial City were laid out in Oman for Madayn to deliver advanced services & facilities and attract local & international #investments into the #country. This presents a significant #opportunity for facility management #companies in the GCC. Are you ready to capitalize on this #growth ❓ #GCC #FacilityManagement #Infrastructure #Vision2030 #Investment #FacilityManagementMarket #FacilityManagementMarketShare #FacilityManagementMarketForecast #FacilityManagementMarketGrowth #FacilityManagementMarketNews

"The bitterness of poor quality remains long after the sweetness of low price is forgotten." - Benjamin Franklin "Buy land, they're not making it anymore." - Mark Twain "90% of all millionaires become so through owning real estate." - Andrew Carnegie "Don't let any obstacles stop you. Where there are obstacles, there are also great opportunities." - Dottie Herman "What is the biggest business challenge for your sector over the next 12 months?" - Hazel Shakur Quinn Quotes are great. However, questions prompt debate and collaboration. For those who have signed up for the below event, see you tomorrow to hear how our experts tackle my question. #realestate #dubairealestate #abudhabirealestate #saudirealestate #construction #womeninrealestate #womeninconstruction #realestatelawyer #realestateexperts #dentons #rics Dr. Sarah Hill Claire Hughes Munro, LLB MSc FRICS Helen Graham Manika Dhama Suzannah Fairbairn Dentons Middle East RICS

NEW OFFICE IN DUBAI: With a number of significant construction projects either coming online or in the pipeline in the #MiddleEast, ADDA has moved into new offices in Dubai. ADDA Founder and CTO Alan Jeffreys says the new office is supporting ADDA’s growing interests in the region. “With the Middle East home to some of the biggest infrastructure programs in the world right now, this region is a significant focus for ADDA.  As one of the world’s leading detailing specialists, through our ADDA software #modeling products and ADDA Consult services, we know how to help these kinds of highly complex and large-scale projects find significant savings in terms of time, costs and project management. We’re also looking at how we can support the #upskilling of the workforces needed here to deliver on these world-leading infrastructure projects. It’s an exciting time to be in construction in this region.” Vignesh Namachivayam Mohamed Ashiek Alex Stewart #civilconstruction #3Dmodelling #rebar #rebardetailing #infrastructure

our new projects in UAE

Dubai’s Al Maktoum airport expansion announcement sent shockwaves through the PM community. And this is because the expansion is expected to cost approximately 128 billion dirhams. According to a statement issued by the Government of Dubai’s Media Office, the ambitious plans include: 👉🏼 Be the world’s largest airport, 👉🏼 Accommodate 400 gates, and 👉🏼 Welcome up to 260 million passengers annually For context, this means the airport will be FIVE times the size of DXB. But that wasn’t the shocker... The question on people’s minds was, “How do you begin to plan for a project of this scale?” When tackling megaprojects, I believe it’s all about your frame of mind. At the core of any project, the basics always remain the same. 1. Clear communication and alignment between stakeholders 2. Effective planning and scheduling 3. QC and risk management Having worked on an airport project before, I am familiar with the stress that comes with it, But the key is to stay focused on your processes and systems and not become overwhelmed by the sheer magnitude of the project. My reminder to anyone handling projects of this nature for the first time is: The foundation of the work remains the same, it’s just the scale that adds complexity. Make sure you've created a stable foundation for the project, And you'll be set up for success. What would you advise the PM team working on DWC #ProjectManagement #Construction #BestAdvice

☝️ Future of Egypt ☝️ تفاؤل 🥰 The iconic American brand Cushman & Wakefield with approximately 53,000 people operating across approximately 400 offices in 60 countries. Cushman & Wakefield is one of the world’s largest property-focused services firms, offering expertise such as consulting, research, broking and valuation. Founded in New York 100 years ago ,launched in Dubai in 2008 and expanded into Abu Dhabi in 2015. Now it is expanding to the Egyptian real estate market The expansion comes at a time of growth for the commercial and residential real estate sector in Egypt. According to research by KnightFrank AgriBusiness QLD real estate firm, Cairo’s real estate landscape alone is set to welcome real estate investments of over $20 billion in the coming years, with $16 billion dedicated to the residential sector, attesting to heightened demand for housing .

💡 Did you know that effective 𝐦𝐚𝐢𝐧𝐭𝐞𝐧𝐚𝐧𝐜𝐞 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐜𝐚𝐧 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐮𝐩𝐭𝐢𝐦𝐞 𝐛𝐲 20-30%? (Source: Deloitte, 2023) 📊 The upcoming changes cover essential areas, including: • 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐟𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥𝐬 for maintenance systems • 𝐃𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐢𝐧𝐠 𝐚𝐬𝐬𝐞𝐭 care requirements and scope • 𝐂𝐨𝐬𝐭𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 for maintenance activities 📅 To understand it further register now in: 𝐌𝐚𝐢𝐧𝐭𝐞𝐧𝐚𝐧𝐜𝐞 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠, 𝐒𝐜𝐡𝐞𝐝𝐮𝐥𝐢𝐧𝐠 & 𝐂𝐨𝐬𝐭 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩 📆 25th - 28th November 2024 📍 Sofitel Downtown Hotel, Dubai, U.A.E. #MaintenancePlanning #MaintenanceScheduling #CostControl #EquipmentUptime #AssetCare #MaintenanceFundamentals #TaskManagement #CorporateEfficiency #CostingStrategies #DubaiEvents #MaintenanceWorkshop #MPS2024 #AssetManagement

KSA Office Market Dynamics, H1 2024   Riyadh has seen the delivery of approximately 52,000 sq. m. of office space, this brings the total level of supply in the market to 5.2 million sq. m. There continues to be significant levels of demand from both government related entities and the private sector, although the former accounts for the majority of demand. Read our latest research for an overview of the KSA’s Office Real Estate Market https://lnkd.in/efGi8TpZ