Real Estate Firms Integrate Emcredit Services into Risk Management

DUBAI - Real estate firms Landmark Properties and New England International Real Estate are integrating Emcredit’s cheque-reporting solution, emBounce, into their business processes further enhancing their risk management practices.

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Published: Mon 3 Aug 2009, 12:41 AM

Last updated: Thu 2 Apr 2015, 3:42 AM

This announcement was made by Emcredit, the UAE’s first government-backed credit information services company.

Under the terms of the agreements, Landmark Properties and New England International Real Estate will benefit from Emcredit’s cheque-reporting solution, which will provide in-depth insight into the cheque-honouring and payment habits of existing and potential tenants in the UAE. This, in turn, allows both companies to better assess their customers, provide additional payment flexibility with reassurance and offer faster and more efficient processing of sales and tenancy agreements, thereby further enhancing and improving service levels to their customers, landlords and developers.

Landmark Properties is among the leading real estate brokerage firms and consultancy providers in the UAE; New England International Real Estate offers a full range of real estate consultancy services in all major market sectors, covering offices, retail, residential and hotel properties.

“The benefits of credit reporting have grown beyond the financial services industry,” said Zaid Kamhawi, Chief Business Officer of Emcredit. “The availability of accurate and timely information on customer’s credit patterns empowers businesses with clearer insights, helping them make business decisions accordingly.

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