Knight Frank to attract investors to Al Saja'a Industrial Oasis
Sharjah - Al Saja’a Industrial Oasis (ASIO), a groundbreaking and ambitious initiative by Sharjah Asset Management (SAM) that seeks to develop the industrial (with limited mixed use and retail) real estate sector of Sharjah, recently assigned globally-renowned real estate consultants, Knight Frank as their lead sales consultant. Knight Frank’s established global network and knowledge of marketing industrial developments such as this, will utilise their expertise and influence to promote Stage 2 investment of ASIO in the UAE.
Abdelaziz Fikri, Senior Manager of Al Saja’a Industrial Oasis, said: “We are pleased to announce our partnership with Knight Frank, the largest private real estate company that provides consultancy and management services globally and across the Middle East. ASIO is the ideal investment opportunity for companies based in Sharjah and neighbouring countries.”
“Thanks to Sharjah’s growing economy, demand for industrial land has attracted local and foreign investments over the past few years. Investors will be part of this economic growth through ASIO, accessing world-class infrastructure for the import and export of goods and materials from the UAE. ”
Matthew Dadd, Partner at Knight Frank, provided insights on the upcoming partnership: “We are delighted to collaborate on Phase 2 of Al Saja'a Industrial Oasis with SAM. Sharjah continues to be an important and growing market in the UAE economy. We see this development to be of great interest to industrial investors and occupiers.”
He added: “The development provides convenient access to Sharjah International Airport as well as Dubai and the Northern Emirates - therefore, many companies will profit from its geographical advantage. ASIO also features state-of-the-art infrastructure and facilities that align with international standards.”
Al Saja’a Industrial Oasis is an extensive development project by SAM aimed at raising the profile of the Emirate as an ideal environment for steady economic growth, as well as a logistic hub for the industrial real estate sector.
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Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Knight Frank, operate from 242 offices, in 43 countries, across six continents. More than 7,067 professionals handle in excess of US$817 billion (£498 billion) worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit www.knightfrank.ae.
© Press Release 2017
