Qatar First Bank (QFB) has signed an agreement with UK-based property adviser JLL to enable clients source real estate opportunities based on their specific requirements and budget.
The deal provides specialised real estate services to individuals and corporates who want to own, occupy and invest in real estate worldwide, the Shari’ah compliant lender said.
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JLL director and joint-head of residential for MENA Will McKintosh said: "This is a fantastic opportunity for both Parties. Since the very beginning we have always found the team at QFB to be extremely professional and proactive in dealing with their clients and our mutual client’s needs. The result will be a more cohesive and wider range of services for all our clients and a mutual benefit to both QFB and JLL."
QFB head of private banking and wealth management Nizar Ahmadi said: "By partnering with JLL, and in line with the increased appetite for real estate investments globally, our shareholders, as well as private, corporate and institutional clients have now the opportunity to benefit from JLL’s real estate expertise through more than 280 corporate offices that have operations across 80 countries.
"This is another milestone for the bank, and we will continue to invest in our Sharia’h compliant services and products. These, span across our business lines including corporate & institutional banking, private banking & wealth management, treasury & investments, as well as private equity and real estate."
The latest agreement comes only days after QFB’s announcement of its new open architecture private banking platform that will offer shareholders and clients various financial solutions to grow, and protect their wealth and assets.
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