Chesterton enters automobile appraisals
Dubai, March 16, 2014
Chesterton, the international property agency established in 1805, has announced that the company is currently making inroads into the automobile and heavy equipment appraisals due to the buoyant market conditions in the UAE.
Chesterton is currently working with 36 leading banks in the region for property appraisals.
Chesterton Mena has developed a team of proficient surveyors who specialise in the appraisal of automobiles and equipment.
“We received several requests from banks and other financial institutions for the appraisal of luxury cars and heavy equipment such as cranes and furnaces. We therefore decided to extend our support to this industry sector and we have a proficient team of professionals addressing this particular sector. Possessing an in-depth knowledge of engines, specifications, capacities, chassis and make/model is essential for the assessment of automobiles and equipments,” said Robin Teh, country manager, director valuations and advisory at Chesterton Mena.
With a network of 74 offices across the UK and international offices in 11 countries and five continents, Chesterton is looking to cement its position as the leading international consultancy partner for property, vehicle and equipment appraisals in the Middle East and Asia.
“Our automobile and equipment appraisals would empower automobile/equipment sellers to reckon with a trusted report and the product wouldn’t be priced below the market value. The appraisal report will set forth the real value of the automobile for sale before advertising. At Chesterton where things are kept simple and transparent, the automobile and equipment appraisal report by the plant and machinery department will assist both the buyer and seller to get the true market value of the automobile even before negotiations start and ensure a win-win proposition for both the sellers and buyers,” said Teh. - TradeArabia News Service