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Provis wins contracts for 30 Aldar, FDF projects in Abu Dhabi

Company said contract wins followed 'highly competitive bid process', but has yet to reveal tendering specifics

Aldar's Gate & Arc Towers.
Aldar's Gate & Arc Towers.

Abu Dhabi Securities Exchange-listed (ADX) real estate developer Aldar’s real estate management arm Provis — which was launched in February 2019 — has won contracts to deliver property management and leasing services for more than 30 developments in Abu Dhabi from its parent company, as well as Family Development Foundation (FDF).

Provis said the contracts were secured following a "highly competitive bid process". Construction Week has requested Provis for additional details of the bidding process, and will update the story if and when the company responds.

In a statement, Provis said that it would provide real estate services for 12 of Aldar’s residential projects, including Al Zeina, Al Muneera, Al Bandar, Sun & Sky Towers, Al Oyoun Village, Gate & Arc Towers, and Eastern Mangroves.

Additionally, Provis will deliver similar services for Aldar’s commercial projects, including the developer’s headquarters building, Al Mamoura, Bani Yas Towers, Motor World, Daman House, International Tower, Murjan Tower, Yas Site offices, and Saadiyat.

Provis's FDF contract entails the delivery of property management and leasing services for two buildings, two schools, and villas in the emirate.

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Construction Week - Issue 761
Mar 21, 2020