Colliers launches capital investment unit
Dubai, September 30, 2008
Colliers International, one of the world's largest real estate consultancies, adds investment services to its UAE business operations with the launch of its dedicated capital investment division.
The new business unit has been established to satisfy growing demand for high quality investment opportunities in the booming Middle East region.
Colliers Capital Investment Division enables investors to leverage the firm's extensive market intelligence and network of clients when investing in the global real estate market.
With over $1 trillion worth of projects underway within the GCC, investors are becoming increasingly sophisticated in their search for suitable opportunities.
According to Colliers, the key to making successful real estate investment decisions is in the quality of market intelligence available, and the firm is confident in its research capabilities which have enjoyed a market leading position across the Middle East since 1996.
John Davis, CEO of Colliers said: 'We are pleased to now offer our valued clients the opportunity to invest in a selection of high-quality real estate investment portfolios from across the region. Our aim is to identify direct and indirect investment solutions that can meet our investors' target returns and risk profiles.'
Eamon Alashkar, who will head the Colliers' Capital Investment division, is positive about the business unit's prospects.
'Middle Eastern real estate markets are experiencing varying degrees of upward growth. At the same time established western markets are reeling from the global credit crisis and are offering high-quality standing investments at very competitive prices,' Alashkar opined.
'There are opportunities to be seized all around. Our ambition is to combine the strength of our Middle Eastern real estate market intelligence and our global network of specialist offices to bring ideal investment opportunities to our client base,' he added.-TradeArabia News Service