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Colliers International Middle East appoints John Davis as CEO for the region
- United Arab Emirates: Saturday, January 17 - 2004 at 15:25
- PRESS RELEASE
John D. Davis has been appointed CEO of Colliers International - Middle East with immediate effect.
Prior to being transferred to the UAE in 2001, Mr. Davis was managing director of Colliers International in Johannesburg, together with overall responsibility for Colliers national management portfolio of over US$1 billion in assets. This portfolio, covering 2.5 million square meters, throughout Southern Africa and positioned Colliers International - (SA) as the largest non-institutional property management company in Southern Africa. Assets under management included 6 regional shopping centers, private as well as listed property portfolios on the South Africa Stock Exchange. In 2000, under Mr. Davis' leadership, Colliers International (SA) Property and Facilities Management Division became the first outsourced Property and Facilities Management Company globally, to achieve an ISO 9002 accreditation.
In 2001, Colliers International transferred Mr. Davis to Abu Dhabi, UAE, with responsibility for the company's growth and expansion into various Middle East markets in all sectors from a development, leasing, consultancy, and property management perspective.
Colliers International - Middle East currently hold the position as the leading retail specialist throughout the GCC region having concluded retail consultancy and leasing services on numerous high profile projects over the past 2 years covering over 350,000 square meters in area. Colliers International - Middle East also offer a full range of services to all sectors of the property market and operate throughout the UAE, Saudi Arabia, Oman and Qatar, with future expansion proposed for Bahrain, Jordan, Syria and Lebanon.
Commenting on the appointment, Dr. Karim El Solh, Board Director Colliers International - Middle East, said: "We are delighted to appoint Mr. Davis as the regional CEO to accelerate our growth in the Middle East and achieve regional dominance with the help of our local and international offices. Colliers International's property expertise and professionalism will continue to service and add value to both existing and future clientele. The appointment of someone with Mr. Davis' caliber demonstrates our commitment to ensuring that Colliers International - Middle East remains the market leader. "
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About Colliers International Middle EastColliers International is a global real estate consultancy company providing a comprehensive range of property services to a broad range of clients on an international basis. Core services include property and asset management; leasing; development consultancy & strategic advisory; feasibility studies; property valuations and international property investment services.
With over 230 offices in 51 countries the firm employs over 11,000 professionals and has a global fee turnover approaching US$ 1 billion p.a. The firm manages over 480 million sq.ft. of property worldwide valued at over US$ 20 billion.
With offices in Abu Dhabi and Dubai the firm carries out real estate advisory services across the Gulf region. This has included the leasing, management & provision of advisory services on over 5 million sq.ft. of property as well as over 3 million sq.ft. of commercial and retail leasing transactions throughout the Gulf since 2000. Additionally the firm has undertaken property valuations and feasibility studies on real estate projects valued at around US$ 7 billion.
In 2003 Colliers, in conjunction with The National Investor, launched the Emirates Real Estate Fund - first Central Bank approved real estate fund in the UAE and in the same year Colliers also signed a fund management agreement with a UAE bank for a US$ 170 million Islamic compliant UK property fund.
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