Property Management heats up as Cornerstone moves another step forward

company is finalizing its plans to enhance its property management & leasing department by hiring a new Director, Peter Tuck, to take on the responsibility of transforming the existing services to a complete integrated property management solutions. This will, again, place Cornerstone on the A-list companies that provide competitive and professional options to its vast range of clients.

Mr. Tuck is a Civil Engineer with sixteen years of experience at leading development companies around the world, including the USA, UK and last as a Development Director at Emaar in UAE. His high caliber comes in a crucial time when developers are demanding extended management services and more tailor-made options to correspond to each client's unique requirements.

"The aim is to build a one stop shop for the developer to pick and choose what fits his needs from a range of sophisticated and tailor-made solutions, yet at a competitive rate. We understand today's need for stretching profit made out of a property to the maximum in order to make the investment worthwhile for the developer/ property owner, while minimizing the tension and stress involved"

added Ziad Bushnaq, CEO Cornerstone.

Cornerstone's property management services range from simple tasks of finding tenants to ensuring that the maximum value is extracted from the investment over the long term through strategic asset management.

Mr. Tuck explained how this service now enables Cornerstone to offer a complete and fully integrated service. "We will be responsible for the life cycle of a project, from the initial planning phase including acquisition and financing, the management of design, construction and leasing through to the ongoing asset management and optimization."

Cornerstone's portfolio includes high-profile projects under development by master developers, mentioning a few; Falcon Crest and Dynasty towers by Rakaa Properties, the Beach Towers by Al Badie Group, Atlantis Towers by Dhafir and Juman Towers by Tamouh, all allocated at Reem Island, as well as the Ain Al Fayda project developed by Al Qudra Real Estate in Al Ain.

Corner Stone is also handling projects in Jordan and Syria such as Madaen Al Shourouq at King Abdullah City North of Amman and the Seascape villa complex at Al Aqaba, to name a few.