New firm set to tap Abu Dhabi’s real estate potential

ABU DHABI — Ocean View Abu Dhabi, a new real estate company has been formed as a partnership between SBK Holding and Dubai-based real estate consultancy Ocean View.

By (Staff report)

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Published: Sun 27 Apr 2008, 9:31 AM

Last updated: Sun 5 Apr 2015, 11:44 AM

Since Abu Dhabi’s potential as an attractive property destination is just beginning to be tapped, the new company will market the capital’s properties, including some waterfront developments, to high net worth individuals from the region and the globe.

Property analysts say that Abu Dhabi is emerging as one of the strongest players in the regional market with real estate businesses reporting growth rates of up to 25 per cent annually. “The freehold property market in Abu Dhabi is in relative infancy, and there is the need for a focused and aggressive player to effectively market the emirate’s growth potential to investors,” said Tim Boswell ,MD of Ocean View.

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