Aldar Properties, one of the largest property developers in the Middle East, said it has appointed John Buck International (JBI) to act as its managing agent and provide commercial property management services across its commercial portfolio.
Currently Aldar's existing and planned commercial property portfolio includes key buildings in strategic locations in Abu Dhabi.
Initially, much of JBI's work will be focused on the Al Mamoura building, which is currently the most prestigious office building in Abu Dhabi and where Mubadala, the government investment firm, is based. This is to be followed by Baniyas Office Towers and Aldar's landmark headquarters building at Al Raha Beach.
John Buck is the first firm in Abu Dhabi to specialise in fully integrated quality driven commercial real estate development, leasing and property asset management services. With a rapidly expanding team of international professionals, practical experience across the full spectrum of real estate services, and a commitment to international standards of building sustainability, JBI promises to deliver sustained benefits and exceptional service to tenants, owners and investors alike.
Mohammed Al Mubarak, Aldar chief commercial officer, said: "John Buck's experience in managing key projects worldwide complements Aldar's vision and strategy in managing its portfolio of commercial projects."