Latest from ME Construction
ME Construction
an hour ago
- Business
- ME Construction
Casagrand announces its entry in the UAE
Property Casagrand announces its entry in the UAE By Casagrand's entry into the international market is part of the firm's long-term vision to expand into high-potential real estate destinations, setting the stage for a new chapter of innovation-driven, lifestyle-focused developments outside India India-based real estate firm Casagrand has made a strategic move into the United Arab Emirates, and their first premium residential project on Dubai Islands is expected to be officially unveiled soon. The expansion into the international market aligns with Casagrand's long-term vision to explore high-potential real estate destinations, paving the way for innovative and lifestyle-focused developments beyond India. Established in 2003, Casagrand has grown into the real estate market with their presence in South India. With over 160 landmark projects, spanning 53m sqft of living spaces, and a customer base of over 55,000 families, Casagrand has consistently pushed the boundaries of urban living. Their projects provide amenities, layouts, green spaces, and adherence to international standards. Casagrand also offers post-possession services and more, said a statement. Casagrand has transformed the residential landscape in cities like Chennai, Bengaluru, Coimbatore, and Hyderabad. Now, they are setting their sights on the UAE, a region celebrated for its bold vision, architectural prowess, and insatiable demand for high-quality real estate. The company is committed to the region, exploring key growth communities and masterplans. Over the next three years, Casagrand aims to develop over 6m sqft of premium residential and mixed-use developments in the UAE, the company said. Casagrand's debut project, launched in Dubai Islands, a destination known for its waterfronts, tourism potential, and connectivity, aims to capitalise Dubai's growth corridors. The development aligns with the UAE's broader strategy of attracting long-term foreign investment and city's livability through infrastructure and urban planning. As part of its global expansion, Casagrand continues to identify high-potential markets, and Dubai Islands, supported by government initiatives such as the Dubai 2040 Urban Master Plan. 'Our entry into the UAE is a proud and exciting moment for all of us at Casagrand,' said Arun MN, Founder and Managing Director of Casagrand. 'Over the last 22 years, Casagrand has built a track record of delivering high-quality projects on time and with precision. We want to bring this experience and approach to this market, which is one of the leading real estate destinations in the world. We believe the UAE's visionary leadership, investor-friendly policies, and vibrant cosmopolitan lifestyle present the perfect environment for our next phase of growth. We are here for the long haul and our aim is to deliver differentiated lifestyle experiences that blend architectural brilliance, value-driven design, and exceptional community living – reflecting the hallmarks of the Casagrand promise.' Casagrand's upcoming projects in the UAE will offer resort-style living, layouts, and amenities tailored to the discerning modern buyer, whether they are end-users seeking a luxurious lifestyle or investors seeking high returns in the real estate market.
ME Construction
an hour ago
- Business
- ME Construction
Mace Group announces investment in Mace Consult
Financial Mace Group announces investment in Mace Consult By In addition to the investment, several Mace Group shareholders, including Executive Chair Mark Reynolds and Mace Group CEO Jason Millett, will retain a minority stake in Mace Consult Mace Group has announced a significant investment in Mace Consult, a program management consulting firm. This investment, facilitated by Goldman Sachs Alternatives through a carve-out from Mace Group, aims to support Mace Consult's goal of becoming independent program management consultant. Mace Consult plays a crucial role as a delivery partner for some of the complex infrastructure and built environment projects, including the Hudson Tunnel Project in New York, Qiddiya in Saudi Arabia, and the New Hospitals Programme in the UK, said a statement. In 2024, Mace Consult generated substantial revenues of US $926mn and employs over 5,200 people across four global hubs, Europe, the Americas, Asia Pacific, and the Middle East and Africa. In addition to the investment, several Mace Group shareholders, including Executive Chair Mark Reynolds and Mace Group CEO Jason Millett, will retain a minority stake in Mace Consult. They will actively collaborate with Goldman Sachs Alternatives as members of the newly formed Mace Consult Board, with Mark Reynolds being appointed as the Chair. Building on over a decade of consistent double-digit organic growth and a strategic expansion into delivering major programs across the Americas, Europe, Asia Pacific, and the Middle East and Africa, the new partnership will enable Mace Consult to further strengthen its presence in key growth markets. Mark Reynolds, Mace Group's Executive Chair said, 'This transaction is a key milestone in securing the long-term future of Mace Consult, enabling the next phase of growth for our global consultancy practice. The shareholders, the board and I are extremely proud of the progress we've made collectively to achieve this outcome. Since 1990, and accelerating since the success of the London 2012 Olympics, Mace Consult has transformed the industries it serves, delivering to exceptional standards and redefining the boundaries of ambition. We have established a foundation to enable the business to flourish for decades to come.' Jose Barreto, Partner within Private Equity at Goldman Sachs Alternatives added, 'We are delighted to invest in Mace Consult and accelerate its growth trajectory as an independent business both organically and through strategic acquisitions. Through the global Goldman Sachs network and value acceleration resources, we see the potential to support Mace in delivering critical client outcomes during this period of heightened uncertainty and transformation.' Davendra Dabasia, Mace Consult's CEO commented, 'I am excited to lead Mace Consult on this next stage in our journey, working in close partnership with Goldman Sachs Alternatives. Our teams around the world have delivered exceptional growth over the past few years, and our new partnership will enable us to build on that to become the world's leading delivery consultant. As a standalone business, we will be positioned to further support our global infrastructure and built environment clients by scaling up at pace in North America and enhancing our digital solution delivery for clients.' Alex Mass, Managing Director within Private Equity at Goldman Sachs Alternatives, added, 'The long-dated trends of climate change, technological disruption, demographic shifts and urbanisation represent one of the fundamental project delivery challenges in history, requiring innovative management approaches, as demonstrated by Mace Consult over the years. As an independent business, Mace Consult is distinctly positioned to support clients in unlocking the full potential of every project around the world – and we are proud to support the employees of Mace Consult in this journey.' Mace Group was advised by UBS (M&A) and Linklaters (Legal). Goldman Sachs Alternatives was advised by Lazard (M&A and Financing), Jefferies International Limited (M&A) and White & Case (Legal). The transaction is subject to regulatory approvals (amongst other conditions) and is expected to close in 2025.
ME Construction
3 days ago
- Business
- ME Construction
ME Consultant – July / August 2025
Industry News AUS has signed a MoU with ADPIC to collaborate on new avenues for students
ME Construction
3 days ago
- Automotive
- ME Construction
Truck & Fleet Confex 2025 set to debut in Dubai this September
Fleet Truck & Fleet Confex 2025 set to debut in Dubai this September By Attendees will be able to engage with live product showcases as well as the industry's biggest dedicated conference in the region Truck & Fleet Middle East has officially announced the launch of Truck & Fleet Confex 2025, a new conference and exhibition platform dedicated to the future of commercial transportation and fleet operations in the region. The one-day event will take place on 16 September 2025 in Dubai, continuing the popular Truck and Fleet Middle East's series of events, the new Truck and Fleet Confex 2025 brings together government authorities, fleet operators, technology providers, OEMs, and logistics leaders to share insights, tackle industry challenges, and showcase the latest commercial vehicles and fleet solutions. 'After five mainline Truck & Fleet conferences, Truck & Fleet Confex 2025 reflects the huge momentum across commercial mobility in the Gulf right now,' said Stephen White, Head of Content at Truck & Fleet Middle East. 'This is more than just another industry event — it's a chance for fleet professionals, regulators, and suppliers to collaborate on the key challenges and opportunities shaping our sector. Whether it's getting more out of your existing operation, exploring the potential of NEVs, digital fleet tools, or smarter logistics planning, this is where the real conversations will happen.' Attendees can expect a comprehensive thought-leadership programme exploring topics such as fleet electrification, emissions reduction, digitalisation, supply chain sustainability, and future-ready fleet strategies. The conference will host keynote presentations, deep-dive panel discussions, and case studies from leading transport innovators and regional government representatives. In addition to the conference content, the event will feature a unique on-site exhibition showcasing the latest in trucks, trailers, EV solutions, telematics platforms, fleet services, and aftermarket innovations. Attendees will also be able to engage with live product demos and participate in test drives of next-generation commercial vehicles. Networking is a core component of the Confex experience. The event will offer curated opportunities for attendees to connect, including structured networking breaks, roundtable sessions, and meet-the-expert engagements. Key themes include OEM innovation, connected fleet technology, EV infrastructure rollout, and efficient procurement and fleet management strategies. Truck & Fleet Confex 2025 is targeted at a wide audience across the commercial transport ecosystem — from fleet and logistics managers, vehicle manufacturers, and government authorities, to engineers, contractors, and service providers.
ME Construction
3 days ago
- Business
- ME Construction
Msheireb Properties partners with Cundall to decarbonise its entire portfolio
Sustainability Msheireb Properties partners with Cundall to decarbonise its entire portfolio By Each building has been assessed against Cundall's Seven Steps to Net Zero Carbon, with detailed action plans developed to reduce operational energy consumption Qatar-based developer Msheireb Properties has partnered with global multi-disciplinary consultancy Cundall to decarbonise its entire portfolio in Msheireb Downtown Doha. The initiative is said to be the first of its kind at this scale in Qatar, reinforcing Msheireb Properties position in sustainable urban development and supports the goals set out in the Qatar National Vision 2030. As part of the project, Cundall said that it conducted a detailed carbon footprint analysis across the full asset portfolio which includes over 100 buildings, 800+ residential units, and 300+ retail spaces. The decarbonisation strategy targets emissions reductions across all three GHG Protocol carbon accounting scopes (1, 2 and 3) and aligns with the Science Based Targets initiative (SBTi), a globally recognised benchmark for decarbonisation. 'This is more than a sustainability initiative – it's a pivotal step in redefining the future of urban living in Qatar,' said Fatima Mohamed Fawzy, Senior Manager – Education & Sustainability, Doha Design District, Msheireb Properties. 'By embedding science-based decarbonisation across our entire portfolio, we are not only setting a bold new benchmark for climate leadership in the region, but also demonstrating what is possible when innovation, transparency, and collaboration come together. This milestone reflects our long-term commitment to driving measurable climate action in the built environment and highlights the impact of working with forward-thinking partners like Cundall.' Gary Dodds, Partner and Country Director, Qatar added, 'We are proud to support Msheireb Properties on this pioneering journey. This is not just about upgrading buildings, it's about reshaping what sustainable development looks like in Qatar. By taking a portfolio-wide view, we're helping deliver meaningful change that aligns with both local goals and global expectations.' Mario Saab, Director of Sustainability MENA commented, 'By taking a data-led, science-aligned approach to portfolio decarbonisation, Msheireb Properties is setting a new standard for sustainable development in the region – one that others can learn from and follow.' Carbon accounting marks the first step in Msheireb Properties decarbonisation roadmap, that accounts for direct building and indirect emissions. Each building has been assessed against Cundall's Seven Steps to Net Zero Carbon, with detailed action plans developed to reduce operational energy consumption through priority upgrades to mechanical, electrical, and plumbing (MEP) systems, Cundall explained. Comprehensive energy audits were conducted across all building typologies to evaluate current performance and identify high-impact, cost-effective energy-saving opportunities. The wider decarbonisation plan also addresses elements such as sustainable procurement, supply chain engagement, waste management, and policy enhancement. Each asset received a performance rating and had measures identified as part of their tailored pathway to Net Zero carbon. As part of its leadership in carbon transparency, Msheireb Properties will now be able to provide granular emissions data to tenants – supporting their own decarbonisation goals and enabling alignment with international sustainability frameworks.
