” 2022 has seen a buoyant and rapidly changing real estate market in Dubai. Coupled with the improvement in the hospitality sector beyond the expected levels of ADR, the picture for the year has been very positive. ”
- IFA ManagementListed on the Kuwait Stock Exchange, IFA Hotels & Resorts (IFA HR) is a worldwide leader in the development of mixed-use hotel and residential resort projects as well as luxury leisure services.
With a significant global footprint of premium vacation and residential destinations in place, the current focus of IFA HR is two-fold. Firstly, to maintain its core businesses in existing markets by delivering superior products to customers; secondly, to drive expansion into residential operating companies providing both retail and wholesale property management services. In addition, IFA HR will continue to evaluate emerging markets for strategic acquisitions and partnerships that diversify and expand its existing portfolio in Europe, Africa, and Asia.
To enrich its understanding of the markets in which it operates, IFA HR enters strategic alliances and joint venture partnerships with leading local companies such as United Investments Portugal, RCI (part of Cendant), Tongaat-Hulett Developments (South Africa), and Related (United States).
As many of the company’s projects have moved from construction to completion, IFA HR created Strive Services Group (SSG) to provide integrated property services to its operational assets. SSG has introduced new brands such as Strive Facilities Management, Candoo, and Bespoke Property Management to expand its portfolio within the hospitality and residential asset classes. Strive Services Group provides integrated solutions to both third-party and IFA HR’s operational asset portfolio including its hotels, hotel condominiums, commercial, retail, and food and beverage ventures.
For more information on Strive Services Group, please visit www.striveservicesgroup.com.
