28.8 C
Dubai
Friday, November 22, 2024
spot_img

Knight Frank MEA adds plant and machinery consulting expertise

[ad_1]

Knight Frank Middle East has added a line of plant and machinery advisory clients, cementing the firm’s position as one of the market leaders in valuation advisory.

Leading Knight Frank’s new plant and machinery division in the Middle East and Africa (MEA) region will be led by Muhammad Ali Shaikh, Partner and Head of Plant and Machinery, working closely with Mena’s Head of Valuation and Consulting and senior industry figure Stephen Flanagan.

Stephen Flanagan, Partner and Head of Valuation and Consulting in the Middle East, said of the new plant and machinery offerings in the MENA region: “Mohammad is a technically unique fixed asset valuation specialist with a deep understanding of the industry. With Mohammed on board, we will continue to strengthen and expand our business of valuation and advisory services in the MENA region. Mohammed will provide invaluable leadership and further differentiate the professional advice we provide to our clients.”

Approved Appraiser

Ali Shaikh is a Fellow of the Saudi Authority for Accredited Appraisers and a Senior Appraiser accredited by the American Institute of Appraisers. Ali Shaikh is a leader in the factory and machinery industry. He has extensive experience evaluating complex plant and machinery portfolios in the oil and gas, petrochemical, energy and mining, food and beverage, and pharmaceutical industries, and has advised clients on mergers and acquisitions in Europe, the Middle East, Africa, Southeast Asia and Australia , financial reporting, impairment, purchase price allocation, privatization, debt restructuring, insurance, cost structure and asset-based lending.

Knight Frank Middle East’s Plant and Machinery Valuation team consists of surveyors and engineers who are focused on working with clients, combining industry expertise and in-depth market research to gain a deep understanding of their subject assets to ensure an understanding of all factors affecting asset valuations Aspects of effective reporting. Our diverse team of surveyors and appraisers make up our Plant and Machinery business, bringing a wealth of experience evaluating complex facilities. Our global network enables clients to evaluate their plant and machinery portfolios in a consistent and accurate manner.

With over 125 years and a proven global valuation track record in the Middle East for the past 13 years, Knight Frank’s Valuation and Advisory team provides valuation and advisory services to regional and global client networks including financial institutions, lenders, private individuals, funds and Public Sector.

Broad skill set

With a broad range of skills spanning commercial, residential, hospitality, leisure and other professional fields, Knight Frank is well positioned to add value to its clients using its significant global and regional network of valuation and research industry experts.

Ali Shaikh commented on joining Knight Frank: “Knight Frank has a proven track record of delivering sophisticated valuations. With our strong track record and expertise in the region, I am delighted to be leading a high-level team in the Middle East and Africa. A team of skilled valuers. With the production and logistics disruptions caused by the pandemic further exacerbated by volatile commodity and energy prices, it is now more important than ever that our clients have access to region-specific industry insights A global overview of the assets, and assets are often subject to professional valuations for accurate reporting. The Knight Frank network of 384 offices in 51 locations is ideal for rigorous valuation of multinational portfolios.” – arab trade news agency

[ad_2]

Source link

Related Articles

Gusteau Foods Transforming the Food Industry with Passion and Innovation

In a world where the demand for convenience and quality often seem at odds, Gusteau Foods Pvt Ltd, led by the visionary entrepreneur Karthick...

With an eye towards its IPO on Nasdaq and Euronext, AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets...

AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets (GEM) About AAD Invest Group – Nov 2024 Founded in January 2024...

The Banyan Tee – Merging Fandom, Innovation, and Ethics in Fan Merchandise

In an era where fan culture shapes much of our identity and lifestyle, The Banyan Tee offers a unique approach, combining sustainability with a...

BRICS+ Set to Outpace G7 by 2026: A New Era of Economic Power and Global Influence

BRICS+ group, consisting of Brazil, Russia, India, China, and South Africa, alongside a handful of newly integrated nations, is on the brink of a...

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

Latest Articles