KUALA LUMPUR, December 6 – UEM Edgenta Berhad, a prominent provider of Asset Management and Infrastructure Solutions, announces a strategic partnership with KAIZEN Group, a leading tech-enabled property management services firm based in the UAE. The collaboration, unveiled at the Conference of the Parties of the UNFCCC (“COP28”) in Dubai, involves UEM Edgenta acquiring a 60% stake in KAIZEN Group, marking a significant move to enhance its presence in the Middle East. KAIZEN Group, with a 16-year track record, offers end-to-end property management services, including Handover Services, Property Management, Investment Advisory, Lease Management, and Owners Association Management.
The partnership aims to integrate UEM Edgenta’s smart building technologies and sustainability solutions, including its Software as a Service (SaaS) asset management platform, Asseto. This alignment responds to the growing demand for comprehensive real estate services coupled with advanced tech-driven and sustainability solutions. The move not only strengthens UEM Edgenta’s foothold in high-growth markets but also aligns with Dubai’s Master Urban Plan 2040 vision to position the city as a global leader in overall well-being. The strategic alliance seeks to provide quality lifestyle experiences, embedded with innovative technologies and sustainability, catering to the evolving needs of property owners and users.
The partnership ceremony, witnessed at COP28, represents a forward-thinking move by UEM Edgenta to fortify its influence in dynamic markets and elevate its role in shaping urban landscapes. This collaboration opens avenues for UEM Edgenta to contribute to Dubai’s developmental goals while propelling KAIZEN Group toward achieving its 2040 vision. With a focus on holistic experiences, wellness, and sustainability, the partnership sets the stage for delivering unparalleled real estate solutions in the vibrant city and beyond. The Managing Director/CEO of UEM Edgenta, together with Fadi Marwan Alnwilati Almasri, the CEO of KAIZEN Group, expressed their enthusiasm for the potential opportunities and synergies that this strategic alliance will unfold.
