Built to inform

Sign up for the daily newsletters

No, Thank you

Podcast: Dubai's Transguard on the future of FM

Greg Ward talks liquidity, late payments, and the three things he wants to change about FM in the UAE

Construction Week Viewpoint tackled the future of facilities management in the latest episode.
Construction Week Viewpoint tackled the future of facilities management in the latest episode.
Greg Ward, managing director of Transguard, said the companies facilities management team is on a path of impressive profit growth.
Greg Ward, managing director of Transguard, said the companies facilities management team is on a path of impressive profit growth.

Greg Ward, managing director of Dubai-headquartered Transguard, reveals the three things he wants to change about the UAE's facility management (FM) industry in the latest Construction Week Viewpoint podcast episode.

Ward said it was vital to address the liquidity problems that plague the UAE's FM market: “There is, I feel at the moment, an issue of liquidity in the market, but [another problem is that] customers hide behind that issue.”

For instance, the number of customers that “lose invoice is quite impressive”, Ward added. 

While there are liquidity issues and challenges that Transguard is tackling head-on, the people-focused business is planning to make two acquisitions in 2018. Details about these activities remain confidential, but Ward said he was “really interested” in acquiring companies that could provide Transguard with “cutting-edge technology”. 

Meanwhile, the business recently posted record revenue of $626m (AED2.3bn), and Ward said Transguard's integrated facilities services team is continuing to grow and profit. 

Hear the podcast to know more about the three changes Ward wants to see in the UAE's FM market.

Listen to the full episode here and remember to share it online. New episodes of Construction Week Viewpoint are published every Monday.

Previous episodes have welcomed expert guests such as Chris Seymour from Mott MacDonald, asked why Saudi Arabia is in a race to build more hospitals, and why preserving the UAE's architectural heritage is more important than ever before. The two-season series has also explored why rail projects remain on track in the region, despite reports of delays.

In addition to the weekly podcast series, a behind-the-scenes video of the podcast can be found on Construction Week's YouTube channel.

Please remember to subscribe to Construction Week's YouTube and SoundCloud accounts to stay up-to-date with the latest on Middle East construction. To volunteer yourself or a colleague as a guest speaker on Construction Week Viewpoint, please contact Oscar Rousseau. 

Most popular

Awards

CW Oman Awards 2019: Nominations deadline extended
One-week extension comes as Omani construction heavyweights seek to enter additional entries for March event

Conferences

Leaders Kuwait 2018: New Kuwait 2035 needs smart city-led contracts
Localisation and contract modernisation are essential for Kuwait's diversification strategy
Construction Week's Leaders Kuwait 2018 summit opens
Speakers from Kuwait's Supreme Council for Planning and Development and CSCEC ME are at today's

Latest Issue

Construction Week - Issue 725
Jan 19, 2019