Al Raha Gardens Property an arm of Aldar Properties has announced that it has entered into a joint venture facilities management company with National Catering Company.

The sources informed that the companies will hold 50% of the equity share capital in the new company - Al Raha International Integrated Facilities Management (ARIIFM).

The sources further informed that ARIIFM will offer facilities management solutions and services to Aldar's operative villages located at Mussafah and Yas Island, catering to more than 56,000 workers building the residential, commercial and retail developments at Al Raha Beach and related facilities at Yas Island for the Formula 1 grand prix.

It will also provide services such as integrated facilities management, reception and security services, industrial catering and life support and commercial housekeeping.