QNB, the largest financial institution in the Middle East and Africa, recently held an exclusive investment seminar for the members of its premium banking services, QNB First, in cooperation with its prominent real estate advisory partner, Jones Lang LaSalle (JLL) with its London’s premier developer, the Berkeley Group at the Four Seasons Hotel Doha.
The seminar included discussions on the UK real estate markets and their prospects, with a particular focus on London. Adam Challis, head of Residential Research - JLL, presented valuable updates and insights into the residential market in the UK, providing a clear picture of their post-Brexit forecast. This seminar is part of QNB First real estate advisory services to support the Bank’s Cross Border Mortgage service under the QNB First Global Recognition program. It is aimed to provide QNB First members interested in investing in the international real estate markets with valuable insights and updates to help them make the right decisions and keep them informed regarding any changes in the global financial climate.
The planning of the seminar was praised by Heba Al Tamimi, Group GM Retail of QNB, who said “we are pleased to organize this seminar in cooperation without real estate partner, JLL,with the Berkeley Group teaming up. We believe this seminar is highly beneficial in giving our QNB First members a clearer picture of the UK economic climate and the state of the property market. Will McKintosh, JLL's Director and Joint-Head of Residential for MENA, said, “We are delighted to be able to team up with QNB for this event and we are very confident we are best placed to assist their key clients with suitable investment opportunities and homes in London"
Ian Plumley, Berkeley Group’s Senior Vice President for MENA and India, said, “We are excited and grateful at having been given the opportunity to meet with QNB’s staff and clients to present some of our most prestigious projects within London”. QNB’s relationship with JLL team goes back to the date when QNB launched the QNB First Global Recognition program in 2014 as part of the Cross Border Mortgage services offered to its esteemed members.
As a real estate advisory partner in the program, JLL,supports QNB First members by providing consultation and advice to them regarding the property in key international markets (particularly London), providing advice on real estate investment opportunities and managing existing properties on behalf of customers. The QNB First Cross Border Mortgage service provides financing solutions to QNB First customers across borders in 7 key markets: Qatar, the United Kingdom, France, Lebanon, Egypt, Turkey and the United Arab Emirates, with plans to add more.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 30 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines. A brand name, and a registered trademark, of Jones Lang LaSalle Incorporated,JLL is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000.
A publicly-owned company listed on the London Stock Exchange as a FTSE 250 company, the Berkeley Group builds homes and neighbourhoods.. Berkeley Group is the only housebuilder to have won the Queen’s Award for Sustainable Development twice in 2008 and 2014. In 2016, Berkeley was voted Britain’s fourth most admired company across all sectors and also named British Housebuilder of the Year by the Sunday Times.