ScottOMAN has signed a Strategic Business Partnership (SBP) with India’s Beyond Squarefeet to bring international expertise and best practices to the Omani real estate sector, specifically focusing on mall management and development.
The newly established venture, Mall-IQ, will focus on enhancing the development and management of various real estate assets under its umbrella.
By leveraging the combined strengths of both companies, Mall-IQ is set to offer comprehensive and effective solutions for mall owners and real estate developers, providing enhanced value through a global perspective and innovative strategies.
This partnership comes at a time when professional asset management is gaining traction in Oman. As local real estate players increasingly seek specialized companies to manage their properties, Mall-IQ will provide bespoke solutions tailored to each asset, helping clients optimize the value of their real estate investments.
Talal Al Foori, Chairman of ScottOMAN, said that, “We are excited to collaborate with Beyond Squarefeet, a company with over 100 malls under its management across multiple countries. This strategic alliance will allow Mall-IQ to deliver world-class services and best practices to our clients, both current and future. Our goal is to set new standards in mall management and asset enhancement in Oman.”
Al Foori further added that, “As an SME Riyada company, ScottOMAN is committed to driving innovation and excellence in the Omani real estate market, and this partnership is a natural extension of our ongoing efforts to strengthen our local and regional presence.”
Susil S. Dungarwal, Chief Mall Mechanic at Beyond Squarefeet, stated that, “Having already worked on several projects in Oman, we are eager to expand our presence and bring our expertise to the local market. This partnership will allow us to implement best-in-class systems and methodologies, ensuring that our clients receive the highest quality services they deserve.”
