"TAKtical and Beaufort have had a longstanding relationship that goes back nearly 10 years and we feel that with the Dubai property marketing maturing, with the freehold laws being more clear and creative financial vehicles such as Real Estate Investment Trusts now being structured, there is an opportunity for us to offer UK and European institutions market research and advice on how to invest in the UAE property market,"
stated Tariq Khan, Co-founder of TAKtical International, who also sits on the Advisory Board of Beaufort International.
In addition to entering into the joint venture, TAKtical International has taken an undisclosed equity stake in Beaufort International through a purchase of shares from an existing shareholder.
Tanvier Malik, Managing Director of Beaufort International, stated "We are happy that after 10 years of working together, we have finally taken our relationship to the next level with this new joint venture entity as well as having TAKtical International become shareholders in our company."

Posted by Anne-Birte Stensgaard, Senior News Editor



