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Parvaneh Khosravi, President, AFTAB |
AFTAB, a real estate brokerage firm established in Dubai since 2002, has registered $100 million in revenues in 2006 and is looking to pursue its expansionist agenda to address market gaps generated by heightened demand. The company has announced a strategy of horizontal diversification and expansion to carry forward the momentum generated by a successful 2006.
“Our company was the first to extensively introduce UAE real estate to the Iranian market. The strategy has resulted in steady growth that has boosted our confidence to further expand operations in different sectors,” said Parvaneh Khosravi, AFTAB President.
AFTAB, a subsidiary of Dubai-based AFTAB Group that has investments in media and advertisement, seafood production, construction and other sectors in the UAE and Iran, said its strong performance in 2006, which delivered a 45 per cent increase in revenue, has been largely due to its strong ties with major realty developers in the UAE, including Nakheel, EMAAR, Limitless, AMS Group, DAMAC and Tanmiyat.
