Neu-Isenburg, November 21, 2016 - Bilfinger HSG Facility Management (in future Apleona HSG Facility Management) and Sharjah Asset Management L.L.C. have founded a joint venture for the operation of government buildings and further properties in the Emirate of Sharjah in the Persian Gulf. Sharjah has around one million inhabitants and borders the Emirate of Dubai.
Bilfinger HSG Facility Management has already been active as a facility manager in the United Arab Emirates for many years. The joint venture will significantly expand the presence and business in the Persian Gulf. Bilfinger SAM Facility Management’s tasks particularly include the technical and infrastructural operation of the entire real estate portfolio of Sharjah Asset Management. Alongside numerous government buildings, this also includes investments of the state partner in commercial and health care properties in the Emirate on the Gulf.
One of the first projects in the joint venture: The “Souq Al Jubail”. A market square with almost 400 individual traders was created here in an area of around 37,000 square meters. In addition to infrastructural services, Bilfinger SAM Facility Management will provide infrastructural services, particularly in the technical operation of the shopping property with a team of around 35 of its own technicians. This order alone has a volume of around € 2.4 million per year.
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Status: October 2016
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