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Thursday, November 26 - 2009

Tameer goes global with Engel & Völkers

  • United Arab Emirates: Monday, February 13 - 2006 at 15:08
  • PRESS RELEASE

Leading property development firm, Tameer Holding announced the signing of a key agreement with leading Germany-based International property Services Company, Engel & Völkers.

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  • Partnering with Engel & Völkers, Tameer moves to expand within International Property Markets
    Partnering with Engel & Völkers, Tameer moves to expand within International Property Markets
Partnering with the highly reputed Engel & Völkers, Tameer Holding plans to penetrate global property markets through aggressively pursuing marketing and sales activities in new markets beyond the UAE and the GCC region.

Ali Al Khudairi, CEO of Tameer Holding said:
"At Tameer, we are seriously eyeing key growth markets across the globe. While we continue to aggressively perform within the regional markets, we have also noticed strong interest from foreign investors in our properties within the Middle East. Now, as the next step, we look to provide similar investment opportunities for international investors through developing high-quality developments in different countries. Endorsed by the Tameer brand and through the rich expertise of Engel & Völkers, we are sure that our customers abroad will be highly satisfied with the unmatched quality of developments and services that we can provide."


The Hamburg-based real estate company and one of the largest in Europe, Engel & Völkers specializes in the marketing of luxurious high-end properties. Their vast distribution network of more than 170 real estate offices and outlets will market Tameer's premium residential developments to all of Engel & Völkers' registered customers across Germany, Austria, Switzerland, Spain, and South Africa.

The Tameer-Engel & Völkers partnership targets the growing trend towards increasing foreign investment in highly lucrative developments within the Middle East. With Engel & Völkers' rich customer base of high net worth customers and common standards of excellence, Tameer plans to attract foreign investors into the dynamic Middle East market.

"Tameer continues to offer high quality residential, commercial and industrial investment opportunities for people around the world. Along with unmatched architectural quality, Tameer also keenly focuses on meeting the lifestyle demands of people from across the world. With Engel & Völkers, we look forward to serving prospective customers from across the globe," concluded Al Khudairi.

Formed through a strategic partnership between Al-Rajhi Investment Group & Tameer Property Establishment, Tameer Holding had entered the thriving UAE property market with the world's tallest residential tower, Princess Dubai, located in Dubai Marina and Sharjah's tallest residential tower, and Al- Ameera Tower. Today, the firm's investment portfolio in the market totals AED 40 billion.
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Mariam Keblawi
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