Spectrum opens its doors

Another management and consultancy company to hit the ME FM market.

Spectrum, NEWS, Facilities Management

Spectrum Real Estate Asset Management will officially launch at this year's FM Expo.

"Spectrum has been specifically set up to maximise the asset performance of the buildings it looks after on behalf of its clients.

To achieve this, we tailor our service using a mixture of facilities and property management, consultancy services (including FM consultancy and project management) and behind this is a very high level of market leading information technology," said James Garbutt, senior vice president, Spectrum Real Estate Asset Management.

Its parent companies are Al Mazaya and First Dubai Real Estate Development, both of which are established in the Middle East.

Although Spectrum established itself in Dubai last November, it has spent the last six months developing its real estate asset management technology and business systems.

"It is only over the past couple of months we have started to become outward facing into the market," added Garbutt.

Spectrum's current contracts include Sky Gardens, DIFC and nine towers in down town Jebel Ali that includes residential, commercial and hospitality.

It will provisionally focus on Dubai and Abu Dhabi with an ambition to extend to other areas of the GCC.

"The nature of our work and business model is focused towards developers and investors that have portfolios of property that need to be properly managed and operated to maximise asset performance," concluded Garbutt.

Spectrum will exhibit at this year's FM Expo.

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