Eltizam Asset Management Group expands its presence in the Mena region with a partnership with Colliers – News

Ahmed Amer Omar Saleh Omar and Chris Roberts, Group CEO, Eltizam.

The technology-driven asset management company integrates with a diversified professional services and investment management firm to maximize client potential.

Published: Fri 28 Jan 2022, 01:45

Eltizam Asset Management Group (Eltizam) has strengthened its presence in the Middle East and North Africa (MENA) through the acquisition of Falcon Investments LLC, the affiliate partner which operates as Colliers, the leading diversified services company professionals and investment managers in the Mena region since 1995.

Eltizam Asset Management Group is the largest technology-focused physical asset management company and investor in the built asset environment in the Middle East. The partnership with Colliers will deepen the services both companies can provide, accelerating the realization of their complementary growth plans and maximizing real estate potential for clients.

“Eltizam, a joint venture between IHC and ADQ, will expand its asset management platform and accelerate its growth strategy through this partnership. We view this affiliation between Eltizam and Colliers as a powerful combination that will enhance the company’s portfolio in existing and emerging markets,” said Ahmed Amer Omar Saleh Omar, Chairman of the Board of Eltizam Group.

Chris Roberts, CEO of Eltizam Group, said: “We are delighted to be increasing our presence in the region and the depth of property services we have within our stable through our partnership with Colliers. For us, the company is a natural fit for our market aspirations. The reputation of the global brand, combined with that of Ian Albert and the expertise of the wider teams, is second to none. We look forward to business unification.

“The partnership between Eltizam and the asset management services it provides, along with Colliers’ expertise in core real estate transactions and advisory services, will expand the services we can offer together to provide additional expertise and creating opportunities for our customers in this dynamic region,” said Ian Albert, CEO of Colliers in Mena.

The range of services that Colliers provides in the Mena region for government, corporate occupiers and private sector landlords include brokerage services, landlord and tenant representation, valuations and advice, occupier services, development advice, capital markets advice and construction and cost advice.

Through its subsidiaries, Eltizam offers an integrated suite of real estate services that utilize a strong technology platform for innovative services. Eltizam has been operating in the region since 2009. — business@khaleejtimes.com

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