Salwan partners with KM Properties
Dubai, April 3, 2010
Salwan Property management, a subsidiary of Dubai Properties Group, said it has signed a partnership agreement with KM Properties, one of Dubai’s leading property developers.
As per the deal, KM Properties will assist and manage a vast inventory of properties available in the market today. The properties of Salwan Property Management are ready either for sale or for rental, said a senior official.
Salwan Property Management is a leading provider of innovative leasing and property management solutions and the introducers of the strata management system to the region.
The partnership agreement will allow KM Properties to sell and rent out properties belonging to Salwan Property management, explained Saeed Bushalat, chief executive officer, Salwan Property Management.
"It is with tremendous excitement that we are signing this agreement with KM Properties. Through this partnership, we can combine both our expertise to provide a wide range of properties to choose from, as well as excellent property management services to our clients," he said.
"Today's agreement promises a long-lasting and fruitful relationship between our two companies, and I look forward to working closely with KM Properties for years to come," he added.
KM Properties brings to this partnership an equally extensive experience on property development and management that has given them the distinction of being one of the top property developers in the UAE. KM Properties is engaged primarily in property development and leasing, rental and sale.
Sanjeet Joher, Group chief executive officer, KM Properties, said: “Through our aggressive business strategy and operation, we are very proud to announce that 99 per cent of our rental inventories have been rented out in a short period of time.
"With this partnership, we hope to be able to bring in the same strategy that has been our key to success," he added.
Salwan's service portfolio includes property management, leasing, sales / resale, hotel apartment management and real estate valuation and advisory services.
Salwan also offers a complete range of construction supervision and administrative services ranging from contract negotiations and build-out to leasing and risk management.-TradeArabia News Service