Gowealthy Real Estate Brokers focuses on property portfolios as leasing comes to fore

The recent appointment of Andrew Delport as COO of Gowealthy Real Estate Brokers has also added new impetus and direction to the company which has now established itself as a premier player in the leasing sector.

The property market in Dubai is going through a sea of change according to Delport, who has conducted extensive research into the property sector and believes that the prevailing cautiousness in the market presents a great opportunity for companies with proven expertise in property management.

Delport says:

"Instead of a single property, we focus on property portfolios. One of the key drivers and advantages of this is flexibility. Real estate owners are interested in maximizing their entire portfolio by unlocking the equity in their real estate portfolio and increase cash flow through a focused leasing strategy. A leasing strategy for a property portfolio requires a different level of expertise and information than a typical real estate transaction. We work as partners with property portfolio owners to reduce risk and achieve their portfolio objectives. Our service incorporates detailed market knowledge, highly developed processes and experienced real estate experts."

Delport has over 20 years experience in handling every aspect of portfolio leasing, with a specific focus on delivering and meeting challenges during times of economic decline.

Peter Penhall, Chief Executive of Gowealthy, said:

"This latest development reflects Gowealthy's commitment to achieve greater self sufficiency in our operations. Unlike many real estate agencies who consider leasing an adjunct to sales, we offer specialist services in this discipline. Whether the assignment is to lease an entire commercial property for an institutional owner or an individual owner, Gowealthy has the market knowledge, expertise and staff of professionals necessary to accomplish the task. We pride ourselves in offering services across a wide spectrum of property matters."

"Vacant space is the ultimate unutilized resource," says Delport. "Our choice of real estate portfolios is based on the client's reputation and their track record in the market. The positioning of the building in the rental market and the best means to attract new tenants remains the key. Demand for apartments far outweighs villas and other high end properties as seen in the recent leasing arena. One of the key advantages is that Gowealthy Real Estate Brokers focuses on catchment areas within the city where we occupy a leading position. Our studies have shown that areas such as Jumeirah Lake Towers, Jumeirah Beach Residences and Dubai Marina are the top picks for tenants at the moment."

"At Gowealthy Real Estate Brokers, the impetus is to pursue innovative leasing solutions for the satisfaction of all concerned parties. This helps our project teams to offer viable solutions and offer incentives that will ensure both tenants and landlords are satisfied. Our dedicated website www.gowealthyrealestate.com has weekly updates on prevailing rents in various locations in Dubai besides detailed FAQs on leasing and property management information," adds Delport.

Going forward, Gowealthy Real Estate Brokers is also looking to share its expertise vis-a-vis the formation of residents' associations with a clear focus of preserving the distinctive character of the property asset and by creating a well informed community.