Cluttons, which will celebrate 35years of its Bahraini operation in 2012, said that despite the softening market conditions this year, Bahrain’s real estate market has good prospects in 2012 and beyond.
Cluttons in a statement said that a softened market in Bahrain, owing to the events of early 2011 and the global downturn as a whole. However, the team is confident that the market will recover again next year.
“Bahrain enjoys some fundamental factors such as a strategic location in the Middle East and access to the Saudi Arabian market, the largest market in the Middle East,” it added.
Cluttons, the leading property firm that has enjoyed a presence in Bahrain since 1976, celebrates the long standing tenure of Batool Bader, who is entering her 29th year of employment with the company. Over this time, Batool has witnessed a dramatic increase in the quality of residential and commercial stock in the Kingdom, and has built up an unprecedented level of experience in the property and asset management team that has allowed Cluttons to successfully lead the market, with 30 buildings under management at this time.
Batool is the longest standing member of the Cluttons team in Bahrain, which employs 22 staff, of which five are fully accredited by the Royal Institution of Chartered Surveyors (RICS). The firm undertakes a number of internal training days to ensure that the team remains a powerful example of best practice in Bahrain and the Middle East as a whole.
“Cluttons has been operating professionally in Bahrain for 35 years and I have been lucky enough to have worked for Cluttons for 28 years of those. Cluttons has more experience than anyone else of managing commercial and residential properties and we adhere to international professional standards. Bahrain is going through a difficult period, but it’s at times like these that professional property management can make the difference between the success and failure of a property. We are employed to maximise the return from buildings we manage and that’s what we are good at. Bahrain has the most established and respected financial services sector of any of the gulf counties, and is well placed to build on this and meet the obvious challenges that lie ahead. I am thankful that Cluttons offers a fully accredited service and continues to enjoy my contribution to the team,” Batool, said.
“Cluttons has been hugely fortunate to have had Batool as an employee for 28 years. She has added a great deal to the office thorough her dedication, commitment and professional attitude. She has been a role model for other employees,” Harry Goodson-Wickes added.