Provis further strengthens its market share and presence with the acquisition of Saga Owners’ Association

Provis further strengthens its market share and presence with the acquisition of Saga Owners’ Association

Abu Dhabi – Leading full-service real estate company Provis has announced the acquisition of ‘SAGA International Owner Association Management Services LLC’ (SAGA), bringing the company’s Owners Association portfolio to nearly 47,000 units. The acquisition is in line with Provis’ long-term growth and expansion strategy as it firmly positions itself as the largest Owners Association (OA) management service provider in the UAE in terms of managing third-party owned units and one of the largest integrated real estate services companies in the Middle East.

SAGA was established in 2008 and has since gained significant market share in Dubai and earned the trust of reputable developers and owners, with thousands of OA units under management at the time of the acquisition. Some of the communities managed by SAGA are located in Business Bay, Palm Jumeriah, Jumeirah Village Triangle, and Jumeriah Lake Towers amongst others. Samer Ganni, founder of SAGA, will continue to lead the company’s national and regional expansion strategy.

HP Aengaar, CEO at Provis, said, “The acquisition of SAGA is in line with our growth strategy which will enable us to further strengthen our position as the market leader in the UAE. By adding thousands of additional OA units to our portfolio, Provis will