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Reef - Creating a Real Estate Ecosystem

April 23rd 2006 marked the launch of a new and dynamic entrant in the realty market: Reef - Real Estate Finance Company.

The launch of Reef, a dedicated real estate finance and development brand, represents a new era for homebuyers and property investors.

Reef is a catalyst for the creation of a service exchange platform that combines real estate resources, opportunities, and mortgage finance solutions. Reef's finance solutions have been designed in direct response to the current needs of new and existing property owners and investors - Reef is not just another bank or real estate agent.

In this regard, Dr Khalid Abdulla, Reef's CEO noted
"Reef's business model is about providing clients with choice and complete realty financing solutions. Our service is based on the understanding that investing in a property or purchasing a home can be a daunting experience and a 'one-size fits all' solution does not work. We've designed a service that goes beyond simply extending funds for mortgage finance - our services are based on an advisory model. Reef focuses on understanding the unique needs and requirements of our clients, so we can advise and support them every step of the way to ownership. Our real estate finance solutions are Shariah compliant and based on sound mortgage lending principles."


Dr Khalid further explained, "The Reef brand has grown out of the idea of creating a 'real estate ecosystem' - a unique concept in which Reef provides a stable platform for financing, networking, and real estate resource development. In this role Reef presents a single touch-point for an extended portfolio of real estate services - from property search and construction, to flexible financing for both private and commercial opportunities - essentially we create an 'Estate of Choice'."

Reef brings to Bahrain's rapidly growing real estate sector a new approach to Islamic mortgage finance - opening a new world of real estate opportunity for every kind of buyer - Retail, Commercial and Investment.
 
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Notes and Media Contacts »

For more information on Reef, it products or services call 17 - 583 363

For more information, please contact either:
Dana Al Haddad - Marketing
Tel: 17 586 363
or
Farah Ashoor - Corporate Communications
Tel: 17 586 367

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