UBM India launched the first edition of ‘World of Facilities’
India's Premier Trade Event & Conference for the Facility Management Product & Service Industry
UBM India, India's leading exhibition organizer launched the first edition ofWorld of Facilities (WOF) at the Bombay Convention & Exhibition Centre (BCEC), Goregaon, Mumbai. A three day exhibition (24th – 26th April 2017), World of Facilities was India's premier trade event & conference for the facility management product & service industry.
The inaugural ceremony of World of Facilities 2017 took place in the presence of key dignitaries,Mr Ramesh Nair -Country Head JLL, Mr Sandeep Sethi- Managing Director - West Asia...
Quess Corp, the integrated business services firm controlled by Canadian billionaire Prem Watsa, announced the buyout of facility management and catering business from Manipal Integrated Services, promoted by Ranjan Pai. Quess will invest Rs220 crore in Manipal Integrated Services to develop its facility management and catering business. In due course, the two businesses will be hived off and merged into Quess.
Quess entered facility management and catering business in 2009 and has built it into a formidable business with a manpower of 20,000 people. The Manipal buyout will add another 17,000 people making the firm one of the leading players in the segment in India. The deal is expected to add about Rs 426 crore to Quess’s topline in March 2017.
Assotech Realty has appointed property consultant CBRE for facility management of its 1.8 million sq ft commercial project in Noida. CBRE, a global leader in real estate services, would manage its Assotech Business Cresterra (ABC) project, the company said in a statement. Assotech Realty is developing about 1.6 million sq ft of office space, 75,000 sq ft of high-end retail and nearly 200 serviced apartments in this commercial project. The first phase of about a million sq ft is almost completed.