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Real Estate

Berkeley Assets Sets up MENA HQ in Dubai

Berkeley Assets, a multi-asset company with investments in property, hospitality, logistics and innovation, has established its Middle East and North Africa headquarters in Dubai to drive the strategic growth of business throughout the region.

Berkeley's portfolio of properties covers numerous industries and consists of existing and new to market properties in several of the world's most sought after locations, consisting of main, north and west London, New york city, and Miami.

To this day, Berkeley has actually safeguarded development money offers against physical properties mainly in the UK markets and has established the Dubai physical office to expand the Berkeley brand name throughout the MENA region, give useful resources to existing clients, and ultimately managing properties for the medium to long-term.

Talking about the new geographical location, Mike Clark, Partner at Berkeley Assets stated: "It is important to have an office in Dubai as this is a key global market and the gateway in between East and West, giving vital feedback and market information which we make use of to recognize emerging global trends in our selected sectors.

" The objectives of the office are clear, produce recognition for our brand and search for strong return potential in assets based in your area. This is a key area of focus as the region is expanding at a fast pace and uses solid potential income with low degrees of tax, we believe that the region currently offers an enough level of security.

" By acknowledging and recognizing ever-changing market fads, such as the need for even more flexibility and quicker financing for programmers in the UK residential property market, the increasing demand for social real estate or even the most recent hospitality trends, our business model guarantees that we are able to spend early in order to gain from greater returns.

" This is a key factor for us in terms of the advantages this has, and our team below is committed to making the world of exclusive equity extra approachable and less complicated to gain access to."

Berkeley buys both property development projects and connecting and development money jobs. The goal of the company is to continuously create a varied profile of existing and brand-new to market concepts and businesses as part of a low-risk, yield-based approach.

The company, run by a team of British nationals, currently operates more than 150 businesses, aiding building growths, hospitality principles and arising organisations thrive. All underlying possessions of business lie in the UK and UNITED STATE.

Justin Quan, Senior Affiliate for Berkeley Assets added: "Private equity is, in its nature, an elusive industry however we intend to see that change. Our objective, primarily, is to proceed establishing a diverse portfolio of existing assets and brand-new, innovative concepts.

" Our team believe that our proven track reinforces our credibility for delivering consistent lead to a qualified way, and with the dynamic group that we have actually assembled in our Dubai office, we have begun the job of altering the face of personal equity in this region."

Caption: Justin Quan, Senior Affiliate for Berkeley Properties

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