ASK Real Estate Gets Tier A Valuation Licence by RERA
Manama – ASK Real Estate W.L.L. has announced that it has obtained Tier A valuation licence provided by Bahrain’s Real Estate Regulatory Authority (RERA). This is the highest type of valuation licence granted, which allows the company to provide valuation and advisory services to various types of real estate properties, including mega projects.
On this occasion, Mr. Majed Al Khan Chairman of ASK Real Estate said, “We are pleased to announce that our company is now offering new distinguished real estate valuation and advisory services as a part of our expansion plan in the region.
“We are committed to apply the best international standards and practices. Our team members are accredited by the Royal Institution of Chartered Surveyors (RICS) and have long experience in this field. Our clients will enjoy advanced security and professional valuation and advisory services, as all our valuations are undertaken in accordance with the Bahrain Valuation Standards.” He added.
Mr. Al Khan praised the great efforts undertaken by the RERA to develop the real estate sector in the Bahrain through various initiatives aimed at enhancing real estate services and preserving the interests of investors and individuals. He also noted that all of these efforts would contribute to supporting the local economy and attracting foreign investments.
Mr. Karim Yazji, the CEO at ASK Real Estate commented, “We are really proud of our highly experienced and skilled team which is led by a member of the Royal Institution of Chartered Surveyors who has more than 12 years of experience in the field of valuation and real estate advisory services. The team has completed many important and complex projects over the past years in Bahrain, the UAE and Africa.
“All of our valuation services are carried out in accordance with the Bahrain Valuation Standards (BVS) which comply with the international standards issued by the Royal Institute of Chartered Surveyors. The Kingdom of Bahrain is one of the first countries in the region to adopt international standards in real estate valuation and these efforts will contribute in providing sustainable and more organized real estate environment.”
Mr. Yazji concluded, “We are planning t
o expand our geographical scope of work, and we look forward to provide more distinguished real estate services for mega projects in the region”.
ASK Real estate is a Bahrain based company specialized in providing real estate services such as, real estate management, brokerage and leasing, advisory services, sale and purchase as well as valuation reports for secured lending, Stock market listing, financial reporting and auditing.
ASK Real Estate was recently acquired by Gulf Holding Company as part of the parent company’s plan to expand its scope of work and activities to the real estate services sector in the region and to explore new opportunities for growth.
Media and Commercial Inquiries can be directed to:
ASK Real Estate W.L.L.
Cremio Kazembe – Head Of Valuation and Real Estate Advisory