Centurion Corporation Limited has entered into a strategic partnership with Abu Dhabi's KEZAD Communities, a part of KEZAD Group, to explore collaboration in the business of providing accommodation for employees and students in the Middle East region. The partnership has been materialised with the signing of a memorandum of understanding (MoU) by Mr. Eissa Al Hemeiri Director - Communities Services & Operations, KEZAD Communities and Mr. Kelvin Teo, Chief Operating Officer of Centurion Corporation on 21 October 2023 in Dubai. The MoU forms the basis for closer collaboration between Centurion and KEZAD Communities to pursue strategic opportunities in the accommodation business amid rising demand for staff accommodation in the Middle East.

Both parties share the vision to develop and operate quality staff accommodations solutions addressing local regulatory requirements and international ethical standards. The partnership will explore options including but not limited to: New business opportunities, partnership, investment, and joint ventures in United Arab Emirates and other markets in the GCC; Developing deal structure and business case for strategic opportunities; Development and construction activities; Operational and management capabilities. The partnership also underscores Centurion's interest in expanding its geographical presence to viable accommodation markets in the Middle East, by providing established brand and management platforms, best-in-class technical knowledge and operational expertise in the development and management of specialised accommodation for the local workforce and students.

Meanwhile, KEZAD Communities would contribute their extensive on-ground expertise and experience in UAE and Middle East.