SAM, Apleona sign joint venture pact

Sharjah / WAM

Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, and Apleona (formerly Bilfinger Facility Management and Building Services), today signed a joint venture agreement for a new world class facilities management company.
The joint venture, facilitated by Waleed Al Sayegh, CEO of SAM, and Dr. Gert Riegel, COO of Apleona Facility Management, Frankfurt, is the first of its kind in Sharjah, and will deliver facilities management services to clients, and provide various specialist technical services for all types of properties in the emirate. It has two current project contracts worth AED20 million.
“We consistently aim to deliver exceptional service in the field of facilities management and building maintenance services. Once we identified that there was a void in Sharjah for delivering this level of service, and there was no one readily available to advise clients on how to improve their assets through various management operation principles, we decided that Sharjah Asset Management should assist in bridging this market gap,” Waleed Al Sayegh said commenting on the joint venture.
In addition to facilities management services, the joint venture will provide numerous related technical services for clients, including energy management strategies and sustainability initiatives aimed at reducing energy and water consumption.
The joint venture plans to assist companies with energy efficiency programmes and applications, introducing new power systems and water technologies, and moving them towards applying world-class green building concepts and principles. By helping with the reduction of power and introducing sustainability initiatives, the joint venture seeks to significantly contribute towards protecting the environment and commercially to benefit its clients.
Dr. Riegel said, “Apleona goes a step further than anyone else. We successfully export the “made in Germany” stamp of quality around the globe. We operate real estate and industrial properties in Moscow, London and Sharjah to the same premium level of Apleona quality as in Munich or Berlin. We optimise the operation of properties and plants as well as processes: with German know-how, the understanding of country-specific economic processes and a focus on the individual requirements of our international customers. Our innovative facility management solutions are a value adding factor for our customers.”
“This joint venture between Sharjah Asset Management and Apleona will prove to be fruitful, given Sharjah’s economic and social stability. Through hard work and dedication, we seek to demonstrate that Sharjah not only provides a unique, attractive and competitive business environment, but that it also greatly commits itself to energy efficiency and sustainability,” he added.