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Knight Frank MEA adds plant and machinery consulting expertise

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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

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