ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION CORPORATE CAPABILITY STATEMENT ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT 03 2.0 EXPERTISE 13 1.1 OVERVIEW 03 2.1 ASSET MANAGEMENT 13 1.2 SERVICES SUMMARY 04 2.2 SALES 14 1.3 LICENSING 05 2.3 LEASING 15 1.4 DEFINING LANDSCAPES 06 2.4 VALUATION & ADVISORY 16 1.5 CLIENTS 09 2.5 SALES MANAGEMENT 17 1.6 NOTABLE ACHIEVEMENTS 10 2.6 OWNERS ASSOCIATION 18 1.7 ORGANISATION CHART 11 3.0 PEOPLE 19 1.8 CORPORATE INFORMATION 12 3.1 MANAGEMENT CV’S 19 4.0 CASE STUDIES 24 “We provide innovative property solutions and quality service to our customers with integrity, transparency and professionalism as the cornerstone of our business.” PPM Conrad, Sheikh Zayed Road, Dubai ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 2 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT OVERVIEW 1.1 OVERVIEW The Middle East’s largest full service real estate consultancy company, Asteco was formed in Dubai in 1985. Over the years, Asteco has gained enormous respect for consistently delivering high quality, professional, value-added services in a transparent manner. It is also widely recognised for its AMMAN involvement with many of the projects that have defined the landscape and physical infrastructure of the Emirates. Jordan BAHRAIN Asteco has an essential combination of local knowledge and international expertise. A deeply established brand, renowned for its application of the latest technological advances, its commitment to transparency, winning strategies and human expertise. Undisputed real estate experts, Asteco represents a significant number of the region’s top property owners, developers and investors. Asteco has witnessed outstanding growth and diversification over the decades and has built a strong regional network of offices and currently operates in; • Abu Dhabi • Al Ain • Bahrain • Dubai • Jordan • Sharjah ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 3 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT SERVICES SUMMARY 1.2 SERVICES SUMMARY As a truly integrated property services company the core business lines Asteco conducts from its offices throughout the Middle East are listed below. All of which are headed up by highly qualified Directors with decades of local and international experience in their respective fields; • Asset Management • Sales • Leasing • Valuation & Advisory • Sales Management • Owners Association • Licensing Our property services cover all land use categories/market sectors including residential, offices, retail, industrial and land. World Trade Centre Residence, Dubai, UAE ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 4 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT LICENSING 1.3 LICENSING Bringing together our brand, knowledge and experience. Licensing forms an integral part of our business, extending our brand reach throughout the UAE and into new territories across the MENA region, forming strategic agreements with real estate professionals. It is widely recognised, that our brand, network, systems and procedures, created through a vast wealth of experience and expertise, add value to these agreements. Our Licensing services currently include, Real Estate Brokerage Franchising and associated support services, with many of the key elements designed specifically around the franchisee, making it a truly unique and bespoke franchise opportunity. Extending our brand reach ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 5 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT DEFINING LANDSCAPES 1.4 DEFINING LANDSCAPES 1985 1999 2002 2003 2004 • ABCD Blocks | • Emirates Towers | • Palm Jumeirah | • Shangri La Residences | • Abu Dhabi Commercial Bank | Dubai Dubai Dubai Dubai Abu Dhabi ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 6 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT DEFINING LANDSCAPES 2005 2006 2007 2008 2009 • Al Raha Gardens | • ADCP | • Park Place | • Discovery Gardens | • Sama Tower | Abu Dhabi Abu Dhabi Dubai Dubai Dubai ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 7 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT DEFINING LANDSCAPES 2010 2011 2012 2013 2014 2015 • Rolex Tower | • Maze Tower | • Latifa Tower | • Offices @ the Conrad | • API Trio | • United Arab Emirates Dubai Dubai Dubai Dubai Dubai University (UAEU) | Al Ain ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 8 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT CLIENTS 1.5 CLIENTS AT ASTECO WE ARE COMMITTED TO USING OUR EXTENSIVE INDUSTRY KNOWLEDGE, CONSULTATIVE APPROACH AND VAST POOL OF RESOURCES TO HELP OUR CLIENTS MAXIMIZE THE VALUE OF THEIR REAL ESTATE ASSETS. WE PROVIDE A CUSTOMIZED MIXTURE OF COMPREHENSIVE REAL ESTATE SERVICES AND PRODUCTS TO DELIVER MEASURABLE RETURNS FOR A RANGE OF INSTITUTIONAL, INVESTOR, OFFSHORE AND INDIVIDUAL CLIENTS. ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 9 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT NOTABLE ACHIEVEMENTS SALES LEASING ASSET MANAGEMENT VALUATION & ADVISORY OWNERS ASSOCIATION SALES MANAGEMENT 12.9bn 10600 12500+ AED150bn 100% 3194 TOTAL SALES VALUE (AED) UNITS LET UNITS CURRENTLY TOTAL MARKET VALUE OF RETENTION RATE UNITS HANDED OVER MANAGED ABU DHABI VALUATIONS 2011-2012 13.7mil 15.8mil 4.5mil 90%+ AED6.8bn SQ FT SOLD SQ FT LET SQ FT OF PROPERTY SC COLLECTION RATE AMOUNT COLLECTED UNDER MANAGEMENT AED70bn ON ALL INSTRUCTIONS TOTAL MARKET VALUE OF DUBAI VALUATIONS 7176 2011-2012 5.6mil UNITS SOLD SQ FT ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 10 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT ORGANISATION CHART 1.7 ORGANISATION CHART Managing Director John Stevens MRICS Agency Services Asset Services Valuation & Advisory Abu Dhabi Office Licesing Services Sean McCauley John Stevens John Allen Jerry Oates Omar Binder MBA BCom MRICS MRICS FRICS BA (Hons) • Sales/Leasing • Asset Management • Valuation • General Manager • Licensing • Investment Sales • Owners Association • Consultancy - Abu Dhabi • Sales Management • Research Advisory ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 11 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 1.0 ABOUT CORPORATE INFORMATION 1.8 CORPORATE INFORMATION Name Asteco Property Management LLC Place of Incorporation Dubai, United Arab Emirates Date of Incorporation 1985 Certificate of Incorporation Number / Reference 218551 Names of Directors John Stevens MRICS Managing Director - Director, Asset Services John Allen MRICS Director, Valuation & Advisory Jerry Oates FRICS General Manager, Abu Dhabi Office Sean McCauley MBA BCom Director, Agency Omar Binder BA (Hons) Director, Licensing Services Head Office Dubai 3rd Floor, Rolex Tower, Sheikh Zayed Road (next to Financial Centre Metro Station) PO Box 65361, Dubai, UAE Telephone: +971 4 4037777 Fax: +971 4 4037778 Rolex Tower, Dubai ABU DHABI | AL AIN | BAHRAIN | DUBAI | JORDAN | SHARJAH DEFINING LANDSCAPES SINCE 1985 © Asteco Property Management, 2015 asteco.com Customer Services: 600 54 7773 Page 12 ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNERS ASSOCIATION 2.0 EXPERTISE ASSET MANAGEMENT 2.1 ASSET MANAGEMENT Asteco provides comprehensive asset management services to all property owners, whether a single John Stevens MRICS unit (IPM) or a regional mixed use portfolio. Our focus is on maximising value for our Clients. The Managing Director/Director, Asset Services appointment of Asteco ensures a smooth opening or transition, if already being managed. We Telephone: +971 4 4037777 provide accurate property accounting and reporting and ensure that the regulations governing Email: [email protected] property are enforced whilst maintaining appropriate service levels. We aim to exceed the expectation of our Clients through the continuous development