Berkeley Assets appoints FBBM in exclusive distribution agreement
Source: Total Communications , Author: Posted by BI-ME staff
Posted: Wed February 14, 2018 11:27 am

UAE. Berkeley Assets, the multi-asset company with investments in real estate, hospitality, logistics and technology has appointed FBMM as their exclusive distributor for the Middle East and Far East, extending their existing European agreement to cover all geographical markets throughout the world.
 
The partnership means that independent financial advisors with clients interested in placing capital with Berkeley Assets can do so directly and exclusively through FBMM, an industry leading distributor which offers bespoke recommendations following robust due diligence.
 
Berkeley operates more than 150 businesses, helping property developments, hospitality concepts and emerging businesses thrive.   All underlying assets of the business are located in the UK and USA. 

The company’s portfolio of properties spans multiple sectors and includes existing and new to market assets in some of the world’s most sought after locations in the UK and USA.
 
FBMM will continue to focus attention on key markets in Europe such as Switzerland and Monaco, and will now direct attention to the GCC and the Far East, including major financial hubs such as the UAE, Hong Kong, Singapore and Japan.
 
Commenting on the new agreement, Mike Clark, Partner at Berkeley Assets said: “This is a major step forward in the development of our business because this partnership means we can reach a far wider scope of potential clients through FBMM’s distribution channels.
 
“We believe our proven track record reinforces our reputation for delivering consistent results in a credible way, and this new partnership will extend our reach.  Our mission is to continue developing a varied portfolio of existing assets and new, innovative concepts, which create strong yield potential for our clients.”
 
James Hazell, Senior Representative of FBMM added: “As third-party distributors we sit between the institutions and advisors in order to provide quality solutions which serve the demands of the market globally. We aim to give advisors the tools to grow their businesses and more importantly, satisfy the needs of their clients. 
 
“Our agreement with Berkeley Assets is a significant one and our team of hand-picked advisors are excited to work on this simple, proven business model throughout the world.”
 
Berkeley Assets’ aim is to continue to develop a diversified portfolio of existing and new to market concepts and businesses as part of a low-risk, yield-based strategy.

 Photo Captions:
1. (above)  James Hazell, Senior Representative of FBMM
2. (inset)  For illustrative purposes only (File photo)   

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2018
INTERNATIONAL. AI is creating jobs, yet 80% of respondents say there is a lack of talent to fill positions; More than 50% of respondents use AI to improve products and increase efficiency; C-suite support and performance metrics are needed to scale AI strategies.
date:Posted: May 24, 2018
UAE. 10% of the total real estate debt market could come from private providers within the next decade; Report outlines how diversified debt sources and alternative financing structures will boost lending competition and in turn inject new capital into the real estate market.
date:Posted: May 24, 2018
INTERNATIONAL. The more "human" our solutions, the greater chance we'll be building monuments that become meaningful parts of people's lives and not just monoliths.
INTERNATIONAL. AI is creating jobs, yet 80% of respondents say there is a lack of talent to fill positions; More than 50% of respondents use AI to improve products and increase efficiency; C-suite support and performance metrics are needed to scale AI strategies.
dhgate