Asteco Property Management Company

General information

Over the years, the Asteco brand has been synonymous with growth and trust, leading us to become the largest property management company in the UAE.

The sheer diversity of our expertise, coupled with over two decades of experience and success, in one of the world’s most dynamic property sector, leaves us with an enviable track record that is second to none.

This pedigree has enabled us to forge lucrative relationships with leading property portfolio managers.

We provide:
-Clarity to new investors
-Flexibility to a diverse range of clients
-The best Return on Investment (ROI) on existing property assets

It’s no wonder we are attracting attention from global investment funds, corporations and private investors alike, for advice on the Middle East property market.

So whether you’re an investor searching for the right properties, a developer requiring valuations, feasibility studies or sales and coordination services, or whether you’re an owner requiring property management, Asteco is the only brand you need remember.

Overview

Asteco is the UAE's leading property services company. Trust, transparency and professionalism are the cornerstones of its business ethics. The company recently celebrated its 23rd year in business in 2008 and has grown from a Dubai focused real estate services firm into a major regional and international player.

Asteco has fully established offices in Abu Dhabi, Dubai and The Northern Emirates, as well as an expanding regional presence in the GCC with fully established offices presently in Qatar, Bahrain and Jordan.

In 2007, Asteco formalized a strategic global alliance partnership with Savills, a public listed (LSE) company itself established in 1855 with over 180 offices throughout the Americas, Europe and Asia-Pacific.

Through this association agreement, Asteco has been able to broaden its reach into the major international markets of the world and can now offer its clients truly global market coverage.

Asteco employs a diverse team of professionals who are supported by a board of International Directors all of whom have worked in major markets of Europe, Asia Pacific and the Middle East.

The Services

The Asteco services platform offers its clients integrated real estate solutions.

From independent market analysis, design development consultancy and valuation services, sales and leasing services through to asset management and property management services.

Transactional Services

In 2007, Asteco represented owners and investors of real estate transacting more than 4,000,000 sq.ft of space representing a capital value of US$ 1.5 billion.

The maturing regulatory environment in the Gulf's property markets, combined with the regions increasing prominence in the worlds financial and real-estate markets led Asteco to establish a dedicated investment agency team to cater for local, regional and international investors.

The team had undertaken the acquisition and disposal of assets on behalf of clients in offices, retail residential, industrial and hospitality sectors throughout the UAE, Middle East, Far East and Europe.

Property Management Services

In 2007 real estate portfolio under Asteco management was 6 million sq.ft.

Asteco provides full asset management services to its clients including the day to day maintenance and management of the building or portfolio, rental collections and tenancy management services.

Consultancy, Valuation and Research Services

Asteco's Consultancy, valuations and research team offers their clients a full range of services.

From advisory services on property value enhancement through to independent valuations and bespoke research analysis, this team of professionals operates in many instances separately from the other Asteco transactional teams and offers truly independent advice.

In 2007 the team has provided in depth consultancy services on portfolios in excess of 8,000,000 sq.ft.

UAE's leading property services company.

Trust, transparency and professionalism are the cornerstones of our business ethics.

We recently celebrated our 25th year in business in 2010.

We have fully established offices in Abu Dhabi, Al Ain, Dubai, Sharjah, Qatar, Bahrain, Jordan & Saudi Arabia.

We have a diverse team of professionals.

We are supported by a board of International Directors all of whom have worked in major markets of Europe, Asia Pacific and the Middle East.