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HFDI in deal with Asian firm to boost property management capacity

Already a team of five from the group’s subsidiary has undergone in-house training on architecture, engineering, project and construction management, urban planning, infrastructure and SMART city services

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HFDI's Richland Pointe estate on Kamiti Road in Nairobi.

Housing Finance Development and Investment (HFDI), HF Group’s development arm, has entered into a partnership agreement with largest Asia-based facilities management consultants, Surbana Jurong Private Limited (SJ), in a move billed to redefine property management in Kenya’s real estate market.

The firm is a Singaporean government-owned consultancy firm that offers one-stop services across the entire value chain of urbanisation, industrialisation and infrastructure domains.

Already a team of five from the group’s subsidiary has undergone in-house training on architecture, engineering, project and construction management, urban planning, infrastructure and SMART city services.

HFDI Executive Director, James Karanja, said Surbana Jurong has been picked strategically based on their international experience to boost capacity of the property investment arm’s team members.

Related: Housing Finance eyes more growth in new strategy

“This international expertise will be applied to the maintenance management of our current and future developments thus setting apart HFDI as a property development company which manages its properties to international standards,” said Karanja.

Provision of facilities management templates and technical review of complete and ongoing projects to the HFDI team is complete.

“The impact has mainly been felt in the development of our facilities management processes, procedures and team structure. This will enable us to operationalise the team within the next few months,” said Karanja.

SJ enjoys a rich heritage spurning five decades in the development of Singapore’s urban, industrial and infrastructure landscape.

The consultancy firm traces its roots to the Housing Development Board (HDB) and the Jurong Town Corporation (JTC), agencies synonymous with Singapore’s early township and industrialisation efforts.

“Through the case studies provided by Surbana Jurong, HFDI is able to anticipate various issues before they happen and apply mitigating measures,” said Karanja.

[crp]


Business Today is the leading independent online business website in Kenya. Started in 2012 by a veteran business journalist, it has a huge following both in Kenya and abroad. It covers various business and related issues. Email editor at: [email protected]

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