Manufacturing & Retail
News
In 2016 the interior contracting market in the GCC has grown by 25.62 percent to US $ 8.87 billion, whereas in 2015 it was estimated at US $ 7.06 billion, according to Retailspace. At the same time high end interior projects in UAE, Qatar and Kuwait exceeded US $ 25 million and are to grow by 13.7 percent in 2017.
“ There is a new trend arising in the UAE and other GCC countries which require agile work spaces, especially with the increasing trend for shared commercial and open concept spaces as well as growing number of tech hubs and incubators. These are smaller offices in need of fully fitted solutions, a good example is the Index Tower at the DIFC which offers spaces between 50 to 300 square meters. In line with such demand, we have also launched the agile Swing Series filing cabinets to meet the ever-changing consumer needs.” added Kowalewska.
In 2016 the gross leasable area( GLA) in Dubai has experienced significant increase lead by master developments such as TECOM, Business Bay, Silicon Oasis and the Greens. This was lead by Q4 which received 152,000 square metres of GLA, up from 55,550 square metres in Q3.
Teresa Fidor, Commercial Director of OFFICEO North America, said:“ Logistics play a key role in the furniture industry and with a distribution center we will be able to service the needs of our clients in a dedicated fashion. Similarly to the UAE, in Canada there has been a vast growth and investment in local production of furniture and
we are keen to capitalize on this developing trend. The industry changes very fast and we have to be agile and adjust our offering to exceed market needs, especially by combining innovative office furniture along with accessories and component.”
In addition to offering functional and customized office furniture solutions, OFFICEO caters to factories with dedicated range of ready-made systems for drawers, fabrication of frames for filing cabinets along with segregators and accessories. These products are utilized by some of the largest European producers of office furniture,
28 February 2017