Milford Real Estate of Dubai enters strategic alliance with KL Landmark

The relationship is to assist KL Landmark to market prominent Asian real estate projects to GCC residents.

Helen Watson, Milford Real Estate managing director, said:

"The Asian real estate market is one of fastest moving markets in the world showing incredible appreciation in value. With the GCC having increased liquidity due to regional economic prosperity, this is an ideal partnership that will offer GCC residents a wealth of investment opportunities.

"Stability in the economic and political climate across most of Asia makes it a desirable destination for investing in real estate. Rental yields range between 8% and 10% so whether GCC residents are looking for a holiday home, second home or to balance a portfolio, Asian real estate should be looked at. This is exactly why we believe this strategic alliance with leading developer KL Landmark in promoting new luxury developments in Asia is so beneficial to locals, expatriates and regional investors alike".

Another attractive feature for prospective owners willing to finance their new residence is the option of financing at local Malaysian financial institutions that offer Islamic financing. Foreign investors are eligible for up to 70% financing of their total investment - yet another attraction that is not offered by many other countries.

Jeff Yap, Director KL Landmark, said:
"We are delighted to find such a well respected partner in the United Arab Emirates. Milford's experience across the GCC region marketing international real estate projects is just what we need for a number of high profile Asian projects we are planning".

The strategic relationship will launch their first Asian real estate investment opportunity to the GCC market within the month. It is expected to be a prestigious residential tower in Kuala Lumpur, Malaysia.