Tamleek launches new investment solution Sanadak

Through this real-estate based investment solution Tamleek offers investors tempting investment opportunities regardless of their individual spending powers, or their incomes.

Tamleek announced the launch of its new investment solution during a press conference that it recently held at the Sheraton Hotel in Amman. The conference was attended by media representatives, business professionals, and other interested parties.

Through its new "Sanadak" solution, Tamleek grants investors from all sectors of the community the chance to own shares in a real-estate company that leases real-estate properties. Investors in this company may benefit from any future rise in the values of real-estate properties it owns, and to enjoy the benefits of having an annual income, earned from rental fees.

Tamleek will look into owning real-estate properties in some of Amman's most prestigious commercial complexes, and through its ownership of these properties, the firm will distribute revenues collected from rental fees to all investors in the Sanadak solution on a regular basis.

During the conference's proceedings, Mr. Muayad Al Dabbas, Vice Chairman and CEO of Tamleek Real-Estate and Development, explained to media representatives present how this solution is aligned with its strategy for creating opportunities to provide attractive revenues for all individuals wishing to invest in real-estate.

"By launching solutions like Sanadak, we at Tamleek are striving to become pioneering providers of investment solutions, quality services, and sustainable revenue gains for all interested investors regardless of the size of their investments or their spending powers" he said.

Mr. Al Dabbas further affirmed that this solution responds to the increasing demand seen in Jordan for real-estate, the increased money supply, and the rising demand for ownership of real-estate properties amongst investors.

Mr. Emad Ghannam, Director of the investment unit at Tamleek Real-estate made an elaborate presentation about Tamleek's Sanadak solution. During his presentation Mr. Ghannam stated that this investment solution is founded on Tamleek's ownership of two commercial complexes located in the heart of the capital city. Tamleek will be handling funds connected with these properties and it will distribute the revenues generated from leasing in full to all shareholders.

After the passing of some time, these two properties will be sold, and revenues from sales will be distributed to shareholders. Tamleek through this project is therefore generating revenues through both leasing the property and selling it at a later point. Mr. Ghannam further affirmed that Tamleek by means of this solution is allowing all members of the community regardless of their income to engage in profitable investment activities while allowing the experienced Tamleek team members to handle their assets. This project will be followed by many others of its type, all of which will be formally launched in due time.

This announcement was made by Tamleek only after it had secured for itself a powerful position within Jordan's real-estate arena. During the past two years Tamleek has successfully launched innovative residential and commercial real-estate projects including its Rabieh Towers project, its Deyar Al Baraka project, and its Jabal Amman Residence project. During the two year time period Tamleek was also able to attract an influential client base including impressive names such as the UAE based real-estate and investment giant Emaar, the Jordan Kuwait Bank, Al Dar Emirates Engineering Consultancy, and others in record time. This new project stems directly form the firm's aims to diversify the scope of its actions, its portfolios, and its operations.