ThinkSpace to be Tameer project's broker

Dubai: Real estate broker ThinkSpace on Saturday announced a deal with Tameer Holding Investments to launch the property developer's new project in the Tecom district, Al Shahad Tower, on the UAE rental market.

This commitment demonstrates proactive steps being taken by both ThinkSpace and Tameer Holding in the fight to ease the problem of a lack of high standard, financially viable rental properties available in the current market and confirms the position of ThinkSpace as a leader in the local rental community.

Managing director of Tameer's Dubai business unit, Abdul Hamid Moukayed, said the partnership between Tameer and ThinkSpace to lease the primely located Tecom project, reaffirms the leading developer's commitment to striking fruitful industry partnerships to contribute effectively towards the UAE's property sector.

Enhancing sector

"We are continuously striving to enhance the property sector in which we operate and the Al Shahad Tower has been released to the market in partnership with ThinkSpace, exclusively on rental terms, to address the deficit in supply of leased, A-grade premises in the area," said Moukayed.

Michelle Rice, rental manager, ThinkSpace, said: "The partnership between Tameer and ThinkSpace demonstrates great confidence in our ability to exceed expectations and deliver on time."