Annual report eng.2019

PROPERTY MANAGEMENT Al Mazaya acts on behalf of its owners to provide services such as legal registration, governmental f o l l ow u p , a n d r e n t collection and contracting. Our Property and Facility Management Department as sures inves tor s tha t their properties are taken care of in the best way possible. Services offered include cleaning, security, ma i n t enance , l eas i ng , IT, and valet parking. In addition, our professional prope r t y managemen t team will evaluate the property and determine an accurate rental rate, along with tenant screening and selection. PORTFOLIO MANAGEMENT Al Mazaya’s portfolio management division provides world-class management services to real estate companieswithinAlMazayaGroup, as well as to external clients. Our services encompass consultations on the various aspects of real estate management including Overall Management Services, Strategic Planning and Budgeting, Business Operations, Policies and Procedures, Operational Manuals, and Setup of IT Systems. Furthermore, we provide professional advice on investment opportunities locally and regionally, ensuring our clients make informed decisions. Real estate portfolio management at Al Mazaya has a responsibility to maximize the performance and value of a company’s portfolio of real estate assets that are owned or managed through acquisitions and operations. REAL ESTATE VALUATION A significant addition to the range of services that Al Mazaya provides is the Valuation of Real Estate Properties – an important step in determining the true value of a property. Such Valuation is extremely expedient when preparing feasibility reports for projects on sale or for future expansion, as well as accurately calculating a company’s assets. Valuating real estate means measuring the value of a property in terms of projected future profits and preparing an inclusive report, in compliance with international standards and regulations. The service that we offer is crucial to mortgage lenders, investors, insurers, as well as the buyers and sellers of real estate property. ANNUAL REPORT 2019 19