Owner’s association management firm Stratum’s revenue has risen by $2m in 2017, as compared to its figures in 2016.
In 2017, under long-term CEO Saeed Al Fahim, Stratum addressed the crucial aspect of collecting service levies. “Stratum implemented an advanced solution by engaging dedicated staff and implementing contact policies which includes SMS and direct calling in order to communicate with owners. The owners are explained why the funds are needed by regular issuing of newsletter updates on finances and proposed maintenance projects,” Al Fahim says.
Stratum’s team has been managing strata titles, community titles and company-titled properties for over 34 years. In 2009 Stratum established its Owners Association management services in Dubai.