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Tue 30 Oct 2007 12:13 PM

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DREC expansion to focus on FM

Sheikh Mohammed’s new real estate corporation aims to fill the gap in the facilities management industry.

Dubai Real Estate Corporation (DREC) has announced expansion plans for its internal facilities management department.

"We are now reconstructing and reorganising our FM department to enable it to reach international best practice in the industry," said Hisham Al Qassim, CEO of DREC.

DREC is evaluating issues like its FM systems, best practice procedures, quality management and staff.

"It will provide intense international training and workshops for the department and set procedures, timeframes and costings," he added.

Al Qassim believes there is currently a big gap in the FM market and thinks the existing companies are not offering the entire FM package.

He also said: "There is a gap in knowledge, information and experience in the FM services industry. In today's
market Dubai has the best projects worldwide. This will put pressure on companies offering facilities management to maintain these developments to international standards."

The company will initially focus on providing its services to its clients, with an interest in eventual expansion.

"DREC will focus on delivery a turn key solution in FM. It will be handling the hard services such as civil works, AC and electrical maintenance, besides offering soft services such as cleaning and security," confirmed Al Qassim.

The company operates a 24-hour call centre that will deal with client's requests.

DREC was established by HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in June 2007.

Other areas DREC will expand on include: real estate management services, leasing and consultancy in asset management.

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