NEW YORK CITY-Expanding its global commercial real estate platform to the Middle East, Newmark Knight Frank’s global partner, Knight Frank, has entered into a partnership with the real estate arm and subsidiary of the National Bank of Abu Dhabi, GlobeSt.com has learned.

The partnership between Knight Frank and the Abu Dhabi National Property Co. will provide the bank’s client base with direct access to property both inside and outside the United Arab Emirates and links to capital markets around the world. The arrangement will also allow Knight Frank’s global residential and commercial clients greater reach into Middle Eastern capital flows, providing a new way to mitigate risk while adding value.

“The Middle East is a tremendously valuable region for both capital markets and corporate services business,” says James D. Kuhn, president of Newmark Knight Frank, in a statement. “With the strength of the petrodollar, there will be a continued proliferation of business going in and out of the region.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.