Bright Rich | CORFAC International enters the Dubai market

Bright Rich | CORFAC International enters the real estate market of the United Arab Emirates. The company, a member of the international association CORFAC International, received a license to carry out brokerage activities in the UAE. The company will provide brokerage services for the lease and purchase of commercial and residential real estate.

Victor Zaglumin, partner at Bright Rich | CORFAC Int., notes: "Dubai is actively developing as a city, attracting more and more not only tourists, but also "relocators", including investors. In this regard, the demand for residential real estate is growing here: both for own residence and as an investment asset. The commercial real estate market is also on the rise. Dubai is increasingly becoming a destination for companies from all over the world due to the low tax base and comfortable conditions for starting a business."

The consultant notes that free zones, which are actively developing in Dubai, attract more and more international players, who create industry business clusters here.

Bright Rich | CORFAC International is a team of experts in the commercial and residential real estate market. Since 2008, the company has been working with corporate and private clients and helping to buy, sell, rent and invest in real estate. As of today, the portfolio of transactions Bright Rich | CORFAC International is higher than 1.5 million sq. m of quality real estate.

CORFAC International is an association of independent private companies whose activities are rental, sale, investment and management in the sector of office, industrial and commercial real estate. CORFAC offers consulting services in the commercial real estate market of North and South America, Russia, Asia, Africa and Europe. The annual number of transactions concluded by the members of the association reaches 10 thousand, which is more than 750 million sq. m, and in monetary terms exceeds 10 billion dollars.