Proptech firm Facilio wants to build on managing 50m square feet in Middle East

Dubai: The proptech company Facilio will continue to expand its workforce in the Gulf and wider region, as it eyes a 100 per cent growth next year.

“The Middle East is a critical market for us, within which the UAE, Saudi Arabia and Qatar are where the majority of our customers are based,” said Prabhu Ramachandran, CEO of Facilio. “We manage 50 million square feet space in this region, spread across commercial offices, residential, healthcare, hospitality and retail. We are aiming to double this by the end of 2023.”

The company, which offers Software as a Service, had doubled its workforce in the last one year. It will continue to make ‘strategic hires and expand its channel partner network'.

As per a recent poll with over 200 plus Middle East based O&M professionals, 72 per cent said real estate owners/operators should directly invest in the CaFM software and own the data. In step with this, Facilio has strengthened its current product suite with an ‘Exec. Visibility Dashboard’ and gives a high-level overview to the senior leadership teams across property verticals enabling them to track critical O&M parameters around portfolio performance.