About FAB Properties
FAB Properties is a company based in Abu Dhabi (United Arab Emirates) founded in 2011 was acquired by Aldar in September 2023. It operates as a Professional Services. FAB Properties offers products and services including Property Services.
- Headquarter Abu Dhabi, United Arab Emirates
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
- Legal Name Asteco
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Products & Services of FAB Properties
FAB Properties offers a comprehensive portfolio of products and services, including Property Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Property management and sales services are provided by FAB.
Funding Insights of FAB Properties
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FAB Properties
FAB Properties has secured backing from 1 investor. Prominent investors backing the company include Aldar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Aldar is recognized as a leading real estate developer in Abu Dhabi.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FAB Properties
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FAB Properties
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fab Properties Comparisons
Competitors of FAB Properties
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FAB Properties
When was FAB Properties founded?
FAB Properties was founded in 2011.
Where is FAB Properties located?
FAB Properties is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Who is the current CEO of FAB Properties?
Jasim Al Ali is the current CEO of FAB Properties.
What does FAB Properties do?
FAB Properties, now officially known as Asteco, is involved in providing real estate services. Property management and sales solutions are offered across residential and commercial sectors. Comprehensive support for property transactions is ensured by the company.
What products or services does FAB Properties offer?
FAB Properties offers Property Services.
Who are FAB Properties's investors?
FAB Properties has 1 investor. Key investors include Aldar.