Imdaad, Gates Sign Agreement for Nine Real Estate Projects

The company will provide integrated facilities management services to Gates Developments' projects in Cairo

Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management companies, entered into a new service agreement with Gates Developments, a top real estate developer in Egypt. The partnership aims to provide Gates Developments' ongoing projects in the New Administrative Capital and West Cairo with comprehensive facilities management services that meet the highest international standards. This agreement aligns with Gates Development’s strategy to engage leading operational companies and enhance the quality and performance of its future projects.

The agreement was signed by Mahmood Rasheed, Chief Operating Officer of Imdaad, Eng. Osama Osman, General Manager of Imdaad Misr, and Mr. Hassan Nasr, CEO of Gates Developments, during a ceremony at the Royal Maxim Palace Kempinski Hotel in Cairo. Under the terms of this agreement, Imdaad Misr's team will provide integrated facilities management services to Gates Developments' three projects in the Administrative Capital, five projects in West Cairo, and the new Lyv project in Ras El Hikma on the North Coast.

The partnership will bolster our capacity for substantial, positive impact within the facilities management market, particularly for promising and distinguished mega projects. Drawing on our extensive experience, we will realize the company's aspirations by delivering a comprehensive range of exceptional facilities management services.

Eng. Osama Othman, General Manager of Imdaad Misr

Mahmood Rasheed, Chief Operating Officer, Imdaad, stated, "As a regional leader in the facilities management sector, Imdaad Group has a proven track record of delivering exceptional services to administrative, commercial, residential, medical, and tourism real estate projects. This has established us as one of the top integrated facilities management companies in the Middle East.” He added, "We are committed to sustainable operations, leveraging local, regional, and international expertise, which has significantly contributed to Imdaad Group's remarkable long-term success in the region."

Eng. Osama Othman, General Manager of Imdaad Misr, confirmed that the company is focused on expanding its presence in Egypt as part of its growth strategy. He said, "Our new agreement with Gates Real Estate Development Company represents a significant step in Imdaad Group’s ongoing expansion. We are delighted with this collaboration and grateful for the trust placed in us. This partnership will bolster our capacity for substantial, positive impact within the facilities management market, particularly for promising and distinguished mega projects. Drawing on our extensive experience, we will realize the company's aspirations by delivering a comprehensive range of exceptional facilities management services."

Hassan Nasr, CEO of Gates Developments, expressed his satisfaction with this partnership, emphasizing the company's commitment to forming strategic alliances with leading brands across various sectors to boost the investment value of its projects. He elaborated, “This agreement aligns with Gates Development's strategy to partner with top-tier consultants, operators, and service providers to deliver a market-competitive product for the upcoming period.”

He explained that the strategic partnership with Imdaad Misr includes providing facilities management services that meet the highest international standards in operational and service processes, ensuring sustainability and quality, enhancing the added value of the company's projects, and benefiting tenants and customers across all prestigious locations. Additionally, the agreement aims to reduce the long-term operating costs of buildings by maintaining and enhancing facilities management assets, with a focus on creating added value and driving high-quality standards in the Egyptian market.