Certification is for Quality Management Systems developed to meet customer needs

Dubai, UAE; 21 January 2013 - wasl LLC, one of Dubai's largest asset management groups as well as its subsidiary wasl properties have both been certified as compliant under the standards of ISO 9001:2008 The Dubai based group, a wholly owned subsidiary of Dubai Real Estate Corporation (DREC) marked the achievement with a special gathering in the group's Corporate Office in Mankhool yesterday.

wasl senior management and staff were at the presentation of the certificate in which Mr. Brian Baxter of Lloyd's Register Quality Assurance presented the awards to the group CEO, His Excellency Hesham Abdullah Al Qassim.

ISO 9001:2008 specifies requirements for a quality management system, whereby an organisation needs to demonstrate its ability to consistently meet customer needs, while ensuring satisfaction in the product and services rendered

Since its inception in mid-2008, wasl has consistently committed to the principles of Business Excellence and achieved certification under the Dubai Quality Appreciation program in 2011.  Acting on ethical business principles built on a commitment to transparency and quality service delivery, the group has built a reputation for being an exceptional asset management conglomerate with consistently high client approval and service feedback.  A customer-centric organisation, wasl has developed management systems that are both responsive to local requirements and up to par with international standards.

Speaking after receiving the award, Mr. Al Qassim said:  "We thank the ISO committee at wasl and the support provided by LRQA in guiding us to achieve certification..  This is a great honour for all of us and I sincerely thank every one of our staff whose dedicated work, innovative thinking and belief in the value of quality performance made this day possible.  It is through our continuing team efforts and contributions from every member of our group that we will be able to deliver even better performance in the days to come."

Representing Lloyd's Register Quality Assurance, Mr. Brian Baxter said: "The team at wasl demonstrated high levels of commitment, hard work and determination in implementing best practices in quality which are based on the ISO 9001 requirement.  We would like to congratulate wasl on the achievement and would like to highlight that we are proud of our partnership with wasl in their journey towards excellence."

About wasl Asset Management Group  www.wasl.ae
wasl LLC was established by Dubai Real Estate Corporation (DREC) in 2008 to manage its various operations and investments in the real estate, property management, facilities management and business sectors. The group currently encompasses three subsidiaries, wasl properties, wasl hospitality and Dubai Golf.

Set up to strengthen Dubai's success and to actively secure its future growth objectives wasl Asset Management pursues a vision 'to value and be valued by our stakeholders'. The group aim is to achieve this objective by creating a legacy of trust and respect, acting as a responsible corporate entity, creating a platform for innovation in asset management.

The word 'wasl', which means 'connection' in Arabic, is symbolic of the strong relationship the group shares with its stakeholders. wasl was the original name for historic Dubai and represents its profound link to the past, its present rapid evolution as a strategically located global hub and vision for the future.

wasl Properties manages wasl's extensive residential and commercial asset portfolio of over 25,000 residential and commercial properties within the Emirate of Dubai. wasl properties provide a full range of property management, facilities management, and owner's association services as well as call centre operations providing pro-active CRM services to tenants.

wasl hospitality's portfolio currently comprises seven hotels with over 2,200 rooms. These hotels, currently managed by Starwood and the Hyatt group, include prime centre city hotels and residential apartments such as the Hyatt Regency, the Grand Hyatt, Le Meridien Dubai and The Fairway.  The group portfolio includes iconic destination beachfront resort and spa properties such as The Park Hyatt Dubai, Le Meridien Mina Siyahi Beach Resort and Marina and The Westin Mina Seyahi Beach Resort and Marina. The group also manages the strategically located Sheikh Zayed Road Dusit Thani hotel and serviced apartments.

Dubai Golf www.dubaigolf.com
A regional pioneer in leisure and lifestyle, Dubai Golf manages the two leading international golf destinations in the United Arab Emirates - Emirates Golf Club and Dubai Creek Golf & Yacht Club. Together, these golf clubs boast three championship golf courses including the famed Majlis the venue of the Dubai Desert Classic Championship. In addition, Dubai Golf offers professionally run golf academies, a luxury marina, nine internationally renowned restaurants and a host of recreational facilities.

For enquiries:
wasl Asset Management Group
Ahmed Ali Al Sheryani
Tel: +971 4 5116444
Cell: +97150 9001672
Email: alsheryani@wasl.ae

Cicero & Bernay Public Relations
Tariq Al Sharabi
Tel: +971 4 334 2966
tariq@cbpr.me

© Press Release 2013