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Savills Regional Expansion Bolstered by Key Senior Hires

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Marc Tennant, Alec James Smith, Amelia Sykes, Filippo Simonato, Lin Zhou (left to right)

Savills has continued its rapid strategic expansion with the hiring of a number of seasoned professionals to take on senior roles to lead several functions within the residential agency division, such as off-plan and secondary market sales, international sales, and exclusive projects.

Andrew Cummings, Head of Residential Sales Middle East at Savills,said, “These signature hires are a further demonstration of Savills strategic commitment to the Middle East region. Our leadership position in global real estate derives from the quality of our people. As such, I am thrilled to be joined by such experienced and respected professionals to support the ambitious growth of our business. These latest appointments of top talent in the industry showcase that we are making rapid progress in our ambitious expansion plans for the UAE and the region.”

Alec James Smith has recently become part of Savills as the Director of Sales and Leasing, assuming a pivotal role in advancing the brokerage’s presence in Dubai. Boasting more than 12 years of extensive real estate expertise, Alec has progressed swiftly from his initial position as a leasing broker to handling sales and senior management roles. Currently, he is set to lead a team comprising over 100 agents, overseeing operations throughout Dubai. Notably, Alec holds qualifications as a building surveyor.

Marc Tennant, an experienced negotiator and off-plan specialist, joins Savills with a real estate track record spanning two-decades, half of which were spent in senior roles in Dubai. Tennant assumes the role of Director of Exclusive Projects and Off-Plan in the Middle East. Tennant will lead the launch of a number of new exclusive project mandates. Under-construction properties dominated demand during last year, with 55% of the units sold being off-plan, which amounts to a total of 65,000 off-plan units.

To capitalise on Savills 700 global offices, Filippo Simonato joins as a Director of International Residential Sales. Simonato’s role will liaise with the global Savills network to raise the profile of the Middle East region and drive inbound investment. Recognising the particular importance of investment from China, Lin Zhou has been appointed Head of the China Desk to cater to Chinese demand for property, working with Savills 9,000 employees across 18 offices within China.

The critical role of talent acquisition in a competitive market is entrusted to Amelia Sykes, who is one of the most well-known and respected professionals in her field. Skyes assumes the role of Head of Talent Acquisition for Savills Middle East.

The residential sector in Dubai continues to be active, as per the latest Savills research, showing that it had its best year on record in 2023. Transaction activity grew in the city by 29% y-o-y to an all-time high of 118,200 units. The sustained rise of the Dubai luxury market has also further established the emirate’s position as a global benchmark for prime and branded residences. While the high-end sector of the property market continues to boom, it is expected that we will see a rise in the number of mid-market developers respond to the growing demand for the more affordable sector.

The recent change to the Golden Visa scheme, which removes the requirement for a minimum downpayment for an AED 2 mn property, is more than likely to further fuel the growth of the real estate market. The allure of long-term visas, coupled with the emirate’s stability, world-class lifestyle, and business environment, positions Dubai as an attractive destination for investors seeking stability and long-term residency.

The Abu Dhabi market is also in good shape, as highlighted by the Abu Dhabi Department of Economic Development in its “Business Activity Report” for 2023, which reported significant annual growth of key indicators, further bolstering the business ecosystem’s attractiveness. The capital’s strong economic growth is underpinned by the stellar performance of the non-oil sector, which accounts for 52.8% of the emirate’s GDP.

Cummingsconcludes, “In just the first month of our expansion we sold one of the most expensive properties on Palm Jumeirah at AED 88 million amongst other deals, demonstrating the ongoing demand for prime property. Savills will soon be launching some new exclusive development projects, whilst at the same time furthering our prime and core offerings across the UAE. This leadership team is well placed to support the growth to 100 agents within 2024, whilst at the same time providing the world class service standards that Savills is known for.”

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Toshiba Announces MG10-D Series of Enterprise HDDs with Capacities up to 10TB

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Toshiba Electronics Europe GmbH (Toshiba) announces the release of its MG10-D Series, a family of air-filled conventional magnetic recording (CMR) HDDs supporting SAS and SATA interfaces and capacities of up to 10TB. Crafted with precision engineering and over 50 years of Toshiba experience, the MG10-D Series delivers improved performance and power efficiency over prior generations. With sanitize instant erase (SIE) and self-encrypting drive (SED) options, valuable data is safeguarded by a storage solution known for its robust performance and unwavering dependability.

Built for the increasing application demands of enterprise server and storage solutions, the MG10-D Series delivers a new level of performance. For example, compared with the previous model, the new 10TB MG10ADA10TE provides an approximately 13% better maximum sustained transfer speed of 268MiB/s and doubles the cache buffer size to 512MiB. It also reduces power consumption in active idle mode by approximately 21%, to 5.74W. Architected to deliver improved total cost of ownership (TCO), the new MG10-D Series fits seamlessly into a wide variety of business-critical applications, such as email, data analytics, data retention, and surveillance.

“Toshiba’s MG10-D Series delivers exceptional performance to meet the demands of growing business critical applications. The new cutting-edge design of the MG10-D Series is engineered for sustainable enterprise environments and fits seamlessly into existing infrastructure reducing TCO,” said Larry Martinez-Palomo, Vice President, Head of Storage Products Division at Toshiba.

The MG10-D Series is a 5-disk CMR standard 3.5-inch, 7200 RPM air-filled platform. Available capacities are 2TB, 4TB, 6TB, 8TB, and 10TB for both SAS and SATA. SATA is also available in a 1TB drive. The series supports 6Gb/s SATA or 12Gb/s SAS interface options in Advanced format 512e and 4Kn. A 512n option is available on the 1TB, 2TB, and 4TB offerings to support legacy systems with native 512 byte block sizes. Designed for 24×7 enterprise reliability, the MG10-D Series has a workload rating of 550TB, an AFR of 0.44% and an MTTF/MTBF of 2M hours.

The MG10-D Series will be available in CQ3.

MG10-D Series

CapacityInterfaceFormatModel NumberOptional Security
10 TBSATA-3.3512e/4Kn [7]MG10ADA10TESIE/SED[2]
8 TBMG10ADA800E
6 TBMG10ADA600E
4 TBMG10ADA400E
2 TBMG10ADA200E
4 TB512nMG10ADA400N
2 TBMG10ADA200N
1 TBMG10ADA100N
10 TBSAS-3.0512e/4Kn [7]MG10SDA10TE
8 TBMG10SDA800E
6 TBMG10SDA600E
4 TBMG10SDA400E
2 TBMG10SDA200E
4 TB512nMG10SDA400N
2 TBMG10SDA200N
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ASBIS celebrated its 32nd partnership anniversary with Seagate partners

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ASBIS Middle East, a subsidiary of ASBISC Enterprises PLC recently celebrated the 32-year anniversary of its distribution partnership with Seagate. Notably, Seagate was the first global IT vendor with whom ASBIS signed a distribution agreement in 1992, marking the start of a longstanding and successful collaboration between the two companies.

The anniversary event was held on the 25th of June at the Doubletree by Hilton hotel in Dubai. The event comprised several elements, including presentations by Arnab Majumdar, Country Manager – Kingdom of Saudi Arabia for Seagate, who showcased the latest solutions offered by Seagate. Additionally, Mr. Hesham Tantawi shared a summary of the principal milestones achieved by the two companies in their partnership. The event also included contributions from Mohit Pandey, Head of Sales META at Seagate Technology, and concluded with a celebratory cake-cutting ceremony with 200 valuable partners.

Over the past three decades, ASBIS has delivered impressive outcomes for its partners and upheld its status as the primary Seagate distributor in the EMEA region. The collaboration has progressed from distributing standard HDD, SDD, and external drives to incorporating more intricate and advanced solutions.

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Vertiv Adds New Direct Expansion Cooling Unit to Enable Carbon Footprint Reduction

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Vertiv introduced the new, highly efficient Vertiv Liebert PDX-PAM direct expansion perimeter units with low global warming potential (GWP) and non-flammable R513A refrigerant. Available now in Europe, Middle East and Africa (EMEA), the system is designed to operate with an eco-friendly refrigerant (as compared to legacy refrigerants) to enable increased efficiency, reliability and maximum flexibility of installation.

Liebert PDX-PAM allows data centre owners to comply with the EU F-Gas Regulation 2024/573 and enables their pressing sustainability goals. The non-flammable R513A refrigerant provides up to a 70% GWP reduction when compared to the traditional R410A, without compromising safety or reliability. No additional safety devices are required, as is the case for units using flammable refrigerants, enabling reduced installation costs and CAPEX.

“In an era where efficiency and reliability are paramount, we recognize the urgent need for eco-friendly alternatives to stay ahead of regulatory requirements and provide our customers with state-of-the-art innovations,” stated Karsten Winther, president for Vertiv in Europe, Middle East and Africa. “With this new solution, we’re not just addressing our customers’ current sustainability objectives; we’re actively innovating and advancing the future of cooling technology and setting new heights for efficiency and reliability.”

Liebert PDX-PAM is available from 10 kW to 80 kW with a wide range of airflow configurations, options and accessories, making the unit easily adaptable to various installation needs, from small to medium data centres including edge computing applications, UPS and battery rooms. In conjunction with the Liebert PDX-PAM units, a wide choice of cooling solutions is available for managing heat rejection externally, depending on the specific system configuration.

Vertiv is leading in innovation and raising the technology threshold with Liebert PDX-PAM , a low-GWP, non-flammable R513A refrigerant solution with inverter-driven brushless motor compressors, staged coil design with an innovative patent-pending filter, electronic expansion valves and state-of-the-art electronically commutated (EC) fans, all included as standard features. The integrated Vertiv Liebert iCOM controller enables seamless synchronization of these components, allowing complete modulation of performance. This way, the Liebert PDX-PAM unit can adapt to changing operating conditions and heat load efficiently and reliably. The full continuous modulation capability significantly reduces the annual power consumption, resulting in a more cost-effective solution, thanks to the enhanced part load efficiency and precise monitoring of the machine’s operation, facilitating performance tracking and more timely and effective maintenance, thereby creating opportunities for predictive maintenance actions.

“The introduction of low GWP refrigerants for direct expansion systems marks a significant advancement in sustainable air-cooling technology,” said Lucas Beran, research director at Dell’Oro Group. By utilizing low-GWP and non-flammable refrigerants, Vertiv complies with EU F-Gas Regulation requirements and aims to reduce carbon footprints without compromising on safety or efficiency. This innovation is significant for data center operators aiming to achieve their sustainability goals while maintaining high operational standards.”

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