Nakheel and Engel & Völkers sign agreement

Dubai-based real estate developer Nakheel has signed a joint venture agreement with Germany-based premium real estate brokerage firm Engel & Völkers to create a new company specialising in selling and leasing properties in Dubai. The company expects to open its new, 850-square-metre Dubai Market Centre (MC), based at Nakheel's head office, in the first quarter of 2015. The MC brokerage platform is perfectly tailored to work in an international metropolis like Dubai and envisages employing 250 members of staff, the company said.

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Source: Staff Report,


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