ScottOMAN, a leading Omani real estate and facility management company, has entered into a strategic business partnership with Beyond Squarefeet, India’s premier mall advisory and management firm. The collaboration aims to elevate the standards of mall development and management in Oman through the launch of their joint venture, Mall-IQ.

Mall-IQ is poised to deliver world-class expertise and innovative solutions to mall owners and real estate developers in Oman, blending ScottOMAN’s deep local market knowledge with Beyond Squarefeet’s extensive international experience. The partnership seeks to introduce global best practices to the Omani real estate sector, ensuring enhanced asset value and optimised returns for clients.

The announcement comes at a time when Oman’s real estate market is witnessing growing demand for professional asset management. Mall-IQ will provide tailored solutions to meet the needs of individual properties, helping clients maximise the value of their investments.

Strategic Partnership to Transform Mall Management

Talal Al Foori, Chairman of ScottOMAN, expressed optimism about the partnership, highlighting the value of Beyond Squarefeet’s track record of managing over 100 malls across multiple countries.

“This alliance allows Mall-IQ to deliver unparalleled services to our clients, setting new benchmarks in mall management and asset enhancement in Oman,” Al Foori said. “As a proud SME Riyada company, ScottOMAN remains committed to innovation and excellence in the Omani real estate market, and this partnership strengthens our regional presence.”

Susil S. Dungarwal, Chief Mall Mechanic at Beyond Squarefeet, echoed the sentiment, noting the firm’s prior experience in Oman and enthusiasm for expanding its footprint.

“Our partnership with ScottOMAN will enable us to implement best-in-class systems and strategies, ensuring that our clients in Oman benefit from the highest quality of service,” Dungarwal stated.

Addressing Market Needs with Bespoke Solutions

The Mall-IQ initiative comes at a crucial time as Omani real estate stakeholders increasingly seek specialised management companies to oversee their assets. The partnership aims to fill this gap by offering bespoke, effective solutions for mall development and management.

By combining ScottOMAN’s expertise in property transactions, management, and facilities services with Beyond Squarefeet’s innovative mall advisory methodologies, Mall-IQ is set to drive long-term profitability and sustainability for retail and real estate projects across Oman.

ScottOMAN (Etlala Jouri Muscat Modern Company LLC) is a 100% Omani-owned SME Riyada company headquartered in Muscat. With over 28 years of industry expertise, it provides comprehensive real estate, property, and facility management services to government and private sector clients in Oman.

Beyond Squarefeet is India’s largest mall advisory and management firm, renowned for its expertise in conceptualisation, marketing, leasing, and operations. Having worked on over 100 projects across multiple countries, the firm has partnered with leading real estate brands such as Lulu Group and Tata Housing.

Mall-IQ marks a significant milestone in Oman’s real estate sector, setting the stage for enhanced professionalism and global standards in mall and property management.