Since its arrival in Qatar a decade ago, ValuStrat (founded: 1977) has gradually expanded its offerings in the country to span strategic advisory, valuations, research, and transaction services.
“Acknowledging the shifting needs in Qatar's property sector, we’re now expanding our valuation services in the real estate sector, specifically in commercial, residential and industrial properties,” said Pawel Banach, General Manager for Qatar at ValuStrat.
According to Banach, clients seeking valuation expertise are increasingly keen on garnering sector-specific property valuation services. “This is especially the case in the financial services sector, which relies heavily on faster valuations and bespoke reporting based on the RICS Red Book standards.”
“Our team's familiarity with local nuances has allowed us to foster trust over the years. This strategic move allows us to better serve our clients in the rapidly evolving Qatari real estate market and deliver high-quality and tailored valuations that meet their unique needs,” he added.
The commercial property valuation team focuses on providing in-depth analyses and valuations for a range of properties, including office buildings, retail spaces, hospitality and entertainment operations, as well as industrial facilities.
The residential property valuation team meanwhile helps clients assess the value of various types of residential properties, such as apartments, villas, and townhouses.
“Each valuation team boasts accredited valuers possessing a profound expertise and comprehensive understanding of the Qatari local market. The new residential valuations division aims to offer a concentrated valuation service with a swift response time while maintaining an advantageous service fee,” said Marwen Azri, Manager at ValuStrat.
Anthony Fernando, Associate Director at ValuStrat, added: “The expansion of our services stands as a testament to both the growth of our valuation portfolio and the trust we've cultivated with clients from the financial sector, corporates, governmental bodies, and other institutions.”
Outside of Qatar, ValuStrat has offices in the UAE, Saudi Arabia, and the United Kingdom.
For a detailed perspective on the property market, visit: Qatar - Real Estate Review Q2 2023