Professor of civil engineering at Cairo University and real estate valuation expert Ahmed Anis said that the real estate sector in Egypt lacks periodic maintenance of real estate, whether old or newly developed. However, maintenance and adding more services would contribute to a build-up of added real estate value in the future. After 2011, the facility management industry in Egypt has been growing year after year due to a boom in the real estate sector. Some real estate developers launched initiatives related to establishing new independent facility management companies or provide management companies with facility management training. Believing in the importance and role of facilities management, ARDIC sponsors the innovation centre at the Faculty of Engineering at Ain Shams University.

Source: Daily News Egypt May 24, 2017 08:03 UTC