Leading international real estate consultancy, Cluttons has been appointed by Kazerooni Group to act as tenant liaison and provide leasing and property management services across the Group’s property portfolio in Bahrain.
Cluttons will act as the point of contact for all building related maintenance issues and oversee service contracts across a range of properties within the portfolio. These include 40 residential apartments in the high-end Kazerooni Mansions, in addition to a number of new contemporary luxury villas developed by Kazerooni Contracting, in Saar and Amwaj.
The appointment comes at a crucial juncture for the Bahraini residential market. With economic stability gradually starting to filter through to the employment market, the number of jobs being created is slowly starting to creep upwards. Over the past 12-18 months, with demand levels remaining relatively stable, tenants have been using the opportunity to upgrade to higher quality accommodation, where possible. However with an expected strengthening demand over the next 12 months, there is likely to be increased competition for well managed and well located accommodation.
Deborah Sellers, Head of Residential Property Management at Cluttons Bahrain, said: “We strive to provide excellent services to our clients to match the high quality of their property portfolios. Working closely with pre-approved service partners, we ensure that properties are serviced and maintained to the highest possible standards, offering work order management and help desk support. We are delighted to be appointed by Kazerooni Group, and look forward to working with the team to maximize value on these exclusive properties as demand begins to slowly strengthen.”
Mr Hussain Kazerooni, a Partner at the Kazerooni Group, said: “Our developments focus on the high quality and attention to detail that goes beyond the physical landscape, but also ensures the highest levels of services to occupiers. Cluttons’ management services match the needs of our portfolio and we look forward to a successful partnership.”