Reef Real Estate launches R Serviced Offices

H. H. Sheikh Ahmed said: "Our objective is to offer prime commercial space in key business districts in Dubai and Abu Dhabi followed by other business hubs in the GCC and subsequently the emerging markets across the world."

R Serviced Offices' flagship operation consists of 188 premier offices in Al Reef Tower, an outstanding commercial development located in the prestigious Jumeirah Lakes Towers with in the DMCC free zone. The fully furnished offices range from 12.3 sq m to 41.04 sq m in size and includes private guest reception areas and 12 meeting rooms. A highly professional and internationally experienced team is at hand to support resident companies.

According to analysts, there is a strong demand for serviced offices amid the economic downturn. Demand comes from young local companies, firms down sizing or overseas groups wanting to set up a branch office in Dubai.

H.H. Sheikh Ahmed affirms:

"Serviced offices hold a high potential for growth as companies seek to become more efficient and flexible in their use of space. The growth is the result of structural change in the occupational office market, driven by increased business uncertainty, technological advancements and changes in accounting rules. We are looking at 100% occupancy at R Serviced Offices by Q1 of 2010."

Ian Lloyd, Chief Executive of R Serviced Offices, explains: "R Serviced Offices are the perfect option for companies today as they look to reduce costs. It is a protracted and expensive process to search for office space, negotiate a lease agreement, purchase the office equipment and hire the high trained support staff. With R Serviced Offices, companies can avoid excessive upfront expenses of opening an office. Companies are not tied to long leases and do not incur service charges. You can save on furniture, fittings, staffing and monthly rent. In addition, it allows business owners to access all of the benefits of being in the DMCC Free Zone."

A recent report by Reuters confirms that Dubai is the second most expensive office market in the Europe, Middle East and Africa (EMEA) region. In such a scenario, serviced offices are the most cost-effective way to create an instant Dubai office.

There is no additional service charge for air conditioning, lighting, water, full time security and electricity.

The rent also includes dedicated local DID telephone and local fax number assigned to each workstation, secure dedicated V LAN Segment for each company's exclusive use, CAT 6 Structured Ethernet connectivity and high-speed intelligent network switching and secure firewall functionality.

Other attractions include:

Complimentary tea, coffee and water for clients and visitors, a dedicated post office box and mail sorting service, daily newspapers (English & Arabic), office maintenance and daily housekeeping.

Meanwhile flexibility is the biggest strength of serviced offices. Companies can take advantage of economies of scale on services such as administration, marketing, car rentals, catering, basically, anything and everything that you may need.

Ian says: "It is critical for any business to project the best corporate image possible without breaking the budget. We strive to provide reliable, confidential and discreet personal service that is tailored to meet your company's exacting requirements. Our marketing mantra is, we Run Your Office, You Run Your Business."

"We recognise that our customers' needs and requirements are continually changing. Therefore we are focused on developing and refining a diversified high revenue generating product and services portfolio that all can benefit from."

Jumeirah Lake Towers (a Nakheel development) is one of the most sought-after business and residential districts in Dubai. Standing tall at a height of over 137 metres above concourse, the imposing Reef Tower boasts a spacious layout with 32 floors, excluding the ground level and three basement floors.

The building has been designed according to 21st century needs with the most modern high-tech facilities in place.