Knight Frank Middle East continues expansion of Valuation & Advisory team in region

New hires will help the consultancy achieve its growth plans in the Middle East

Knight Frank Middle East has announced the continued major expansion of its Valuation and Advisory operations across the Middle East region as it looks to solidify itself as a market leader in the real estate valuation sector, with hubs in the UAE, Saudi Arabia and Bahrain.

In a statement, the consultancy said that its Middle East Valuation and Advisory Team is spearheaded by Stephen Flanagan, a senior industry figure in the region, with over 25 years of experience, including 14 years in the Middle East, who leads an expert team of individuals that have recently been bolstered by the hire of some key senior industry figures into the firm.

These include Tim Holmes, Partner – Head of UAE Valuation & Advisory, Daniel Pugh, Partner – Head of MENA Hospitality Valuation & Advisory and Mohammed Firdaus, Manager – Head of Bahrain Valuation & Advisory.

Speaking on the recent new senior hires Stephen Flanagan, Partner – Head of Middle East Valuation & Advisory commented “The signature hire of such leading real estate industry figures signals Knight Frank’s intentions to become the market leader across the key GCC markets of the UAE, Bahrain and Saudi Arabia and continue to grow one of the largest and most reputable real estate consultancies in the Middle East.

The Valuation & Advisory team deliver valuation and consultancy services to a network of both regional and global clients including financial institutions, lenders, private individuals, funds, property companies and the public sector.

With a wide skill set spanning commercial, residential, hospitality, leisure and other specialist sectors, Knight Frank Middle East have the ability to draw upon their significant global and regional network of capital markets, leasing, occupier and research industry specialists to add value for their clients.

Tim Holmes, Partner – Head of UAE Valuation & Advisory said of his hire into Knight Frank: “I’m delighted to be joining Knight Frank as a Partner in the Commercial Valuations team here in Dubai. Knight Frank has a strong reputation across the Middle East and globally and I’m excited to further develop the team in this region.”

Mohammed Firdaus, Manager – Bahrain Valuation & Advisory at Knight Frank Middle East added: “I am delighted to join Knight Frank and head up their Bahrain branch, offering a full range of services to help towards delivering the economic vision 2030 which was launched in October 2008 by His Majesty King Hamad bin Isa Al Khalifa.  I believe my professional experience of over 20 years in valuations and real estate will greatly assist our clients and expand our services in the region.”

Daniel Pugh, who will be expanding the team’s Hospitality Valuation & Advisory credentials across the MENA region said that he would be focused on leading and growing the hospitality valuation and advisory team.

“It’s an exciting time to be in a region with incredible growth and development prospects of the hospitality and tourism industry and I will continue to be the trusted advisor to clients to help Knight Frank reinforce their reputation as a leading hotel team across the region,” he concluded.

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