Knight Frank MENA appoints Buthainah Albaity to lead Private Capital & Family Enterprises solutions group
Albaity joins the global real estate consultancy from KPMG, bringing with her 18 years of experience across investment banking and consulting. Her expertise spans the full deal cycle, with a focus on the private sector, advising private placements and real estate IPOs.
Her early career at Riyadh-based Swicorp included working on transactions and real estate advisory, including the Private placement and IPO of the Knowledge Economic City Project, supporting the Kingdom's efforts towards economic diversity.
In 2012, Albaity joined KPMG, where she was responsible for co-founding the Private Enterprise practice for the Saudi Levant Cluster and led the Private Sector Real Estate Strategy offering in the Kingdom. During this time, key projects included acting as the exclusive financial advisor on a SAR 300+ million sale and leaseback of freehold sites for a retail chain; developing the corporate strategy and optimisation for a family-owned real estate portfolio worth SAR 9 billion; and spearheading the 15-year business planning for a major real estate development in Madinah.
Commenting on her recent appointment, Albaity said: 'I am delighted to join Knight Frank MENA during this exciting phase of growth and to be entrusted with the leadership of our new Private Capital & Family Enterprises division, where our team will bring together the collective, cross-sector expertise of Knight Frank for clients across the MENA region.'
The Private Capital & Family Enterprises team will serve as the primary point-of-contact for clients such as private investors, family offices and founder-led businesses seeking access to Knight Frank's full suite of advisory and transactional services. The team will coordinate multi-disciplinary teams to deliver end-to-end consultancy, from opportunity sourcing and acquisition, through deal structuring and asset management, to exit and divestment planning.
General Manager, KSA, Susan Amawi, added: 'Welcoming Buthainah to Knight Frank is a pivotal moment in our overall expansion strategy as we continue to grow our footprint and service offering in the Kingdom and wider MENA region. Our new Private Capital & Family Enterprises practice offers a bespoke service for every client, led by a single, dedicated point of contact who unites the diverse expertise from our in-house transactional, consultancy and research teams.'
James Lewis, Managing Director, MEA commented: 'The decision to introduce our Private Capital & Family Enterprises solutions group was a natural next step for us as we continue to diversify our service offering and tailor our approach for clients in the MENA region. We are thrilled to have Buthainah onboard to lead the team.'
About Knight Frank
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, the Knight Frank network has 740+ offices across 50+ territories and more than 27,000 people. We advise clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the firm, please visit www.knightfrank.com.
In the MENA region, we have strategically positioned offices in key countries such as the United Arab Emirates, Saudi Arabia, Bahrain, Qatar and Egypt. For the past 16 years, we have been offering integrated residential and commercial real estate services, including transactional support, consultancy and management.
Understanding the unique intricacies of local markets is at the core of what we do, we blend this understanding with our global resources to provide you with tailored solutions that meet your specific needs. At Knight Frank, excellence, innovation and a genuine focus on our clients drive everything we do. We are not just consultants; we are trusted partners in property ready to support you on your real estate journey, no matter the scale of your endeavour.
For all media enquiries, please contact:
Chloe Boston, Senior PR and Communications Manager
Chloe.Boston@me.knightfrank.com
Roni Tawfik, PR and Communications Specialist
Randa.Tawfik@me.knightfrank.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
12 minutes ago
- Zawya
Uber launches new features for specific customers in MENA region
Uber has introduced a new feature in the MENA region that is designed to make the Uber app easier and more accessible for older adults, according to a press release. The new product, under the name Senior Accounts of the app's Family Profile, aims to help the older adults move around with greater ease. In addition, Uber launched the Simple Mode feature which can be switched on via the app's accessibility settings for older adults not added to a Family Profile, offering full account control. Both products are currently rolling out across the MENA region in the UAE, Saudi Arabia, Egypt, Qatar, Bahrain, Jordan and Lebanon. Senior Accounts present a streamlined version of the Uber app, featuring larger text, simplified screens, and the option for a trusted family member to offer remote support. Riders in the MENA region can save favorite places, use flexible payment options, and let loved ones track trips in real time while family members can book or manage rides remotely, making travel more accessible for older adults. It is worth noting that the MENA region launch of Senior Accounts follows rollouts in the US, Brazil, Chile, and Mexico. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
41 minutes ago
- Zawya
Lantania, MGC consortium lands $544mln Jubail desal plant contract
Spanish utility infrastructure group Lantania has announced that its consortium with Mutlaq Al Ghowairi Contracting Company (MGC), has secured a $544 million contract from Saudi Water Authority (SWA) to build the Jubail seawater reverse osmosis (SWRO) desalination plant in Saudi Arabia. As per the deal, Lantania and MGC will carry out the design, supply, construction, assembly and commissioning of the plant, as well as the seawater intake, outfall and all associated infrastructures. This is Lantania's third desalination plant order in Saudi Arabia. Already it has one of the reverse osmosis desalination plant projects under way at Ras Mohaisen with a 300,000 cu m/day. The Spanish group had in 2023 completed its first Saudi project at Jubail 3A, a seawater reverse osmosis desalination plant with a 600,000 cu m/day capacity of drinking water. The facility now caters to the needs of 1,600,000 inhabitants in the eastern provinces of Riyadh and Oassim.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
an hour ago
- Zawya
Dubai Land Department, Masdar City sign memorandum to enable free zone companies to own properties in Dubai
Dubai Land Department signed a memorandum of cooperation with Masdar City, aiming to enable companies and establishments operating in the free zones under Masdar City to own land plots and properties under the freehold ownership system in Dubai, within a clear and comprehensive regulatory framework. This step is part of Dubai Land Department's efforts to enhance the competitiveness of the emirate's real estate market and expand the investor base by creating new opportunities for free zone companies, in line with the objectives of the Dubai Real Estate Strategy 2033. The MoC was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, and Ahmed Baghoum, Chief Executive Officer of Masdar City, during an official ceremony held in Dubai, in the presence of several directors from both sides. Majid Al Marri said, 'We continue to expand access to Dubai's freehold market through collaborative models that enhance the integration of the real estate ecosystem across the UAE. Enabling companies registered in free zones to own property in the emirate aligns with our vision of building a more open investment environment that offers diverse ownership options. We consider this a strategic step that adds significant value to the objectives of the Dubai Economic Agenda D33 by diversifying the investor base and stimulating new investment flows that contribute to market growth and sustainability, all in line with our leadership's vision of making Dubai the best city in the world to live and work.' Ahmed Baghoum said, "This initiative highlights Masdar City's commitment to supporting businesses with innovative solutions that address their needs. By simplifying property registration processes for companies operating within Masdar City's Free Zones, we are enabling them to expand their operations seamlessly while contributing to the UAE's long-term growth. This partnership highlights our shared vision with DLD to create a business-friendly environment and reinforces Masdar City's position as a global hub for innovation and investment." Under this memorandum, both parties will collaborate on developing an integrated framework that includes clear eligibility criteria for establishments, along with the legal and administrative procedures required to complete the registration process. The cooperation will also ensure direct coordination between the Dubai Land Department and the Free Zone Authority to simplify and expedite procedures, enable smooth data exchange, and implement an advanced digital system for online applications, request tracking, and document verification, enhancing accuracy and transparency. Additionally, the partnership will provide guidance and support to companies, enabling them to understand the legal and procedural requirements better and ultimately fostering an environment that encourages ownership and investment. This collaboration aims to support companies' expansion plans by providing practical solutions that facilitate their entry into Dubai's real estate market, one of the most dynamic and thriving markets in the region. It also reflects Dubai Land Department's commitment to adopting open policies that enhance market flexibility, support national efforts to attract high-quality investments, and contribute to building a more integrated business environment across the UAE.
