Nakheel, the property development company in Dubai, has appointed FPDSavills as their exclusive international property agents. FPDSavills UK office will act as the international hub and utilize their worldwide network of offices to sell Nakheel’s various projects to the international market.
“The appointment of an international property agent has been necessitated by the continued volume of enquiries we have been receiving from international investors”, said Wahid Attalla, director of operations for Nakheel. “FPDSavills was selected to represent our projects due to their established and professional reputation combined with their vast network of offices throughout the world.”
Nakheel’s portfolio of freehold projects covers both commercial and residential developments and includes The Palm, Jumeirah Islands, Jumeirah Lake Towers and The World. Attalla said, “Without a doubt The Palm has been a tremendous success both locally and internationally, however its popularity is now being closely followed by our other freehold projects.”
Established in 1855 Savills PLC is an international property services company with a full listing on the London Stock Exchange. It has offices and associates throughout UK, Europe, Asia Pacific and Africa and alliances in the UK and Canada.
Nakheel already has and established working relationship with FPDSavills via The Gardens Shopping Mall where Byvan International Pty Limited, a subsidiary of the FPDSavills, are the appointed Managers. This mall, which is expected to open in September 2004, has already proved a major success with almost 100 percent of the leasable space already secured by retailers.
Nakheel stands behind a variety of new landmark property developments in Dubai. The company’s portfolio currently includes The Palm, The World, Jumeirah Islands, The Gardens and The Gardens Shopping Mall and Jumeirah Lake Towers. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
