As the Middle East’s digital transformation is advancing at an accelerated pace, smart buildings are behind the success of these initiatives by enabling seamless delivery of digital services and have become a focal point of investment. Globally, the market is projected to grow at a CAGR of 10.9% between 2021 to 2026, reaching USD121.6 billion.
To support this momentum, AESG is one of the first firms in the Middle East to expertly guide developers, building owners, and facilities managers in achieving the WiredScore and SmartScore certifications that have been developed to create technologically advanced buildings with world-class, uninterrupted connectivity that helps advance functionalities such as collaborative working, health and well-being, safety, security, and sustainability, and supports the incorporation of future innovations. These benefits translate to the ability to attract and retain tenants and increase rental value.
“Work and living spaces have fundamentally changed in recent decades and high-quality, uninterrupted connectivity is now as vital to occupants as running water. In fact, quality of digital connectivity places second only to location among the top criteria tenants look for when moving to a new office. Smart buildings are fundamentally shifting the real-estate market, forcing building owners and landlords to re-evaluate functionalities ranging from user productivity and well-being to environmental impact,” said Saeed Al Abbar, CEO at AESG.
During this initial launch phase, AESG will primarily target commercial buildings – both existing and in development in the UAE. Building on this success, the firm intends to subsequently expand the offering to the rest of the GCC, United Kingdom and Singapore.