Colliers International - UAE, 2004-01-17
by Colliers International
Abu Dhabi, UAE
Colliers International UAE has carried out a wide range of property and asset valuation on behalf of major clients throughout the region in the past three months. These mandates have included the following:
- 25,275 sq.ft hotel valuation for Bin Butti Group.
- 11,579,109 sq.ft land valuations for Majid Al Futtaim Group.
- 1,026,269 sq.ft property valuation for Al Otaiba Group.
- 363,547 sq.ft property valuation for Ahmed Bin Hamed Private Office.
- 143,119.68 sq.ft property valuation for Mohammed Bin Masaood Office.
- The total value of these exceeded $340 million.
In addition, Colliers International was recently successful in signing a valuation services contract for First Gulf Bank concerning their real estate portfolio in Abu Dhabi. This is expected to result in over 40 property valuation over a 12 month period.
Colliers International UAE are one of the few regional real estate firms able to carry out valuations in accordance with RICS and IAS 40 requirements.
About Colliers International
Colliers International is a global partnership of commercial real estate service companies which have 238 offices in 51 countries. Colliers International provides clients a comprehensive range of property services, including investment sales, office/retail/industrial/residential sales and leasing, corporate real estate services, valuation and advisory services, research, mortgage finance, and hotel sales.
Contact Information
Ian D. Albert
e-mail: ialbert@colliersuae.ae
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