| 20 Jun 2010 |
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TASWEEK Real Estate Marketing & Development launches new property management services for Abu Dhabi & Dubai
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Portfolio to cover customer, financial, and facilities management plus referrals to reliable property service providers
TASWEEK Real Estate Development and MarketingTASWEEK Real Estate Development and Marketing
, an advisor and solutions provider serving the Middle East real estate markets, has announced that it has initiated property management services in Abu Dhabi and Dubai by signing its first property management contract and has started handling a few buildings in both emirates. The new service portfolio includes customer management, financial management and restructuring, facilities management, and linkages to reliable property service providers.TASWEEK'sTASWEEK's property management services will help minimize the vacancies and maximize the profits of property owners by handling their operational needs on a day-to-day basis. The new portfolio will meet the growing demand for property management services within the regional real estate sector driven by high levels of competition, the availability of more products, and the need for effective cost-saving strategies.
"Our latest package of services complements our vision of becoming a one-stop shop for serving the entire real estate services and marketing chain. The UAE's real estate market is expected to achieve a better balance between demand and supply this year and so property owners need to fully optimize their investments and do business with the right partners. We shall deliver our property management offerings with the same levels of integrity, accountability and professionalism that have helped us establish a leading position in the regional real estate markets," said Masood Al Awar, CEO, TASWEEK Real Estate Development and MarketingTASWEEK Real Estate Development and Marketing.
TASWEEK'sTASWEEK's latest lineup of services is part of expansion plans which include its entry into additional markets such as healthcare and education aside from its regular residential and commercial base. Projections of a 3.2 per cent growth in the UAE economy for 2010 have encouraged the company to consider potential property investments in Abu Dhabi and Dubai worth around AED 1.5 billion which could net AED 300 million in profits within three years.
TASWEEK Real Estate Development and MarketingTASWEEK Real Estate Development and Marketing
facilitates Purchase and Sale of Strategic Assets; Asset Management; Joint Ventures and Strategic Alliances; and Marketing Consultancy. It reported a 5 per cent increase in shareholders' equity during its commencement of commercial activities in 2009 and is set to post another strong year through strategic acquisitions, joint venture investments, and new services. -Ends-
About Tasweek:
Tasweek, a provider of comprehensive real estate development solutions for the UAE and the broader Middle East, leverages over 20 years of extensive experience in valuations, design, and real estate marketing across the UAE, GCC and MENA regions. The private joint stock company draws on its involvement in managing the properties of over 25,000 customers to ensure enhanced client satisfaction in the delivery of a diverse range of services, throughout all stages of the real estate development's lifecycle.
Through its two core competencies of knowledge and networking, Tasweek is highly capable of introducing clients to the right people, creating vital links between industry movers and players, and developing ideas to successfully bring properties to market.
For further information, please contact:
Orient Planet PR and Marketing Communications
Tel: +971 2 4418995
Fax: +971 2 4418466
Email: Media@orientplanet.com
Website: www.orientplanet.com
Christine Wakim
Office Manager
Tasweek Real Estate Marketing and Development
Tel: 00971 2- 6581856
Fax: 00971 2- 6581771
E-mail: cwakim@tasweekuae.ae
info@tasweekuae.ae
Website: www.tasweekuae.ae
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