Global real estate services firm, Chestertons has expanded its regional footprint with the opening of an office in the Kingdom of Bahrain.
The Bahrain opening brings the total number of Chestertons’ locations in the MENA region to four, adding to the existing offices in Dubai and Abu Dhabi.
Nick Witty, Chestertons managing director, MENA said: “Despite the economic slowdown, the Bahrain market has remained resilient which is largely due to the Bahraini Government’s foresightedness in establishing Tamkeen, the National Labour Fund, aimed at promoting foreign direct investment into the Kingdom as well as introducing initiatives to support new businesses.”
The move builds on the firm’s rapidly growing global presence, with Chestertons currently operating across five continents in 20 countries with 120 offices based in the UK, Europe, Asia Pacific and the Middle East and North Africa.
Chestertons’ initial focus will be on valuation, feasibility and highest and best use studies, as well as international residential sales.
The company aims to provide a complete range of real estate services in due course of time.
Adam Wilson, head of valuations for MENA, will be responsible for leading the Bahrain team, winning new business and developing client relationships.
Wilson has more than 15 years senior management experience in the Europe and Middle East and North Africa markets and has been involved with a number of high-profile projects and clients.
“Bahrain currently has a very limited number of internationally recognised brands providing professional real estate advice, who maintain a permanent presence in the market,” Wilson said.