
Move to propel digital transformation and sustainability in Real Estate
In a pivotal step towards accelerating digital transformation and sustainability, Al-Futtaim Real Estate, the real estate division of Al-Futtaim, today announced a landmark strategic partnership with Siemens, a global technology powerhouse.
This significant alliance is set to leverage combined strengths to create smarter, more efficient, and environmentally responsible buildings and urban environments throughout Al-Futtaim’s extensive real estate portfolio.
This collaboration is rooted in Al-Futtaim Real Estate’s strategic vision to enhance its real estate holdings and overall value proposition, with Siemens’ cutting-edge technologies acting as a pivotal enabler and delivered in collaboration with Al-Futtaim Contracting.
Partnership
The partnership will see the deep integration of solutions such as Building X, part of the Siemens Xcelerator portfolio, advanced fire detection and suppression systems, comprehensive Building Management Systems, and innovative energy efficiency technologies based on AI across Al-Futtaim Real Estate’s properties.
Through this landmark agreement, Al-Futtaim Real Estate is poised to significantly enhance its operational efficiencies and elevate occupant experiences. By embracing advanced digital solutions and AI, the UAE-headquartered business will enhance its operations and create more comfortable, responsive, and intelligent spaces.
Central to Al-Futtaim Real Estate’s commitment is a robust focus on sustainability and decarbonisation, and with these substantial enhancements in energy efficiency across its real estate portfolio, the company is charting a clear roadmap towards net-zero targets.
Pivotal moment
“This strategic partnership with Siemens is a pivotal moment for Al-Futtaim Real Estate as we deepen our commitment to leading the digital transformation and sustainability agenda within the real estate sector,” stated Naaman Attalah, President, Al-Futtaim Real Estate.
“By integrating Siemens’ world-class technologies and expertise, we are not only enhancing the performance and efficiency of our diverse portfolio but also setting new benchmarks for intelligent, sustainable urban environments that will benefit our customers for generations to come,” noted Murali Serpakkam, Managing Director, Al-Futtaim Contracting.
Innovation and sustainability
“Siemens is proud to partner with Al-Futtaim Real Estate, a leader in the region, to support its ambitious goals for innovation and sustainability. We look forward to a collaborative journey that will redefine real estate excellence for the Middle East,” commented Helmut von Struve, CEO Siemens Middle East.
“Our technologies, including Siemens Xcelerator and Building X, are designed to empower forward-thinking organisations like Al-Futtaim Real Estate to achieve significant operational efficiencies, drive decarbonisation, and pave the way towards human-centric autonomous buildings,” assured Hakan Ozdemir, CEO, Smart Infrastructure Siemens Middle East.
