With over 50mln sq ft in GCC region under its management, Facilio looks to double its footprint in 2023

  • Date: 13-Dec-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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With over 50mln sq ft in GCC region under its management, Facilio looks to double its footprint in 2023

Dubai, UAE: Facilio manages over 10,000+ properties globally, of which about 50 million sq ft is located in the GCC region. The SaaS company, which provides AI-driven property operations & maintenance software, is looking to grow this 100% by the end of 2023. Having doubled its workforce in the last one year, Facilio continues to make strategic hires and expand its channel partner network.

“The Middle East is a critical market for us, within which UAE, KSA and Qatar are where the majority of our customers are based. We currently manage 50 million sq ft space in this region, spread across commercial offices, residential, healthcare, hospitality & retail. We are aiming to double this by the end of 2023,” says Prabhu Ramachandran, CEO of Facilio.

He adds, “The C-suite has started viewing property operations technology as a strategic investment and wants better real-time visibility into how their real estate portfolios are performing. We have added product enhancements aimed at catering to this requirement.

As per a recent poll with over 200+ Middle East - based O&M professionals, 72% said real estate owners / operators should directly invest in the CaFM software and own the data. In line with this, Facilio has strengthened its