JLL appoints new Saudi director
Dubai, October 14, 2012
Leading real estate investment and advisory firm, Jones Lang LaSalle, has appointed Peter Bibby, as its new national director and co-head of its Saudi Arabian operations.
Bibby, a fellow of the Royal Institution of Chartered Surveyors (FRICS) in the UK and a long standing expert on Saudi Arabia’s real estate market, will work alongside John Harris, the company’s other national director in the Kingdom.
He brings over 30 years’ experience in the real estate industry, a statement from the company said. Bibby started his career in London working for Jones Lang Wootton (the predecessor firm of Jones Lang LaSalle) and has subsequently worked across major markets which include the US, UK, Europe and the Middle East.
In addition, he has worked in both East Africa and Bangladesh on behalf of occupational clients. Up until 2010 Peter was the country manager for DTZ in Saudi Arabia and has extensive experience advising on real estate projects in the Kingdom, the statement said.
Alan Robertson, CEO of Jones Lang LaSalle, Mena, said: “We welcome Bibby back to the company. Saudi Arabia remains a very important and exciting part of our Mena business. Together with Wootton, he will manage a business that is ever-growing and maturing in a country currently seeing significant investment into a whole range of housing and infrastructure projects in addition to an already highly active commercial real estate sector.”
“Long-term economic and demographic growth, combined with the government’s major investment in to social and economic development initiatives and infrastructure, is driving significant growth across the Kingdom across all sectors,” Bibby concluded. – TradeArabia News Service
More Construction & Real Estate Stories
- Drake & Scull clinches $461m Saudi contract
- Obayashi-HBK venture wins Doha project deal
- Bahrain halts digging at housing project site
- Strike won't affect projects says Arabtec
- Bahrain cuts new property registration cost
- IPIC to use $4bn pipeline payment to repay debt
- MMG appoints advisor for debt restructuring
- Dar Al Arkan to sell benchmark-sized sukuk
- Bahrain plans $52m spend on infrastructure
- Bahrain launches massive homes revamp