Al Habib celebrate 30 years of real estate success
Al-Habib & Co celebrated thirty years of real estate excellence with an anniversary dinner at the Crown Plaza on Monday evening. The evening was presided over by His Excellency Khalil Bin Abdualla Al Khonji and was attended by key players in Oman’s business, trade and commercial communities.
Al-Habib began life in 1978 when Chairman and founder, Mr Ali Malallah Habib Al-Lawati, recognized that the real estate sector in Oman consisted of a mix of small agencies and large landlords, all operating independently of one another. With the aim of developing a ‘model real estate company’, the ambitious entrepreneur, saw a gap in the market for professional, reliable and personal real estate services. Mr Habib subsequently built the Sultanate’s largest and most professionally managed real estate services company from the ground up.
As the first real estate brokerage company to be registered with the Ministry of Commerce and Industry, Al Habib has played a key role in the development of the Sultanate’s real estate industry.
In the last three decades Al Habib has built homes, purpose-built offices, offered consultancy services, managed properties for private and government bodies and most importantly grown with the country, supporting His Majesty’s Sultan Qaboos bin Said vision of creating a diversified and sustainable economy.
Today Al-Habib is one of the leading real estate companies in the Sultanate with over 1200 staff. Through its five professional divisions, Al Habib provides a full range of real estate services including: finding suitable land, providing consultancy, offering a valuation service, managing property rentals, undertaking property construction, as well as handling the buying and selling of real estate. In addition the company can also provide large scale electrical and civil contracting, civil engineering projects, building refurbishments and interior decoration.
Most recently Al Habib has developed a number of landmark buildings in Oman including the Ernst & Young Commercial Centre, City Residence Apartments, Centre Point in Muscat and in Salalah, and the Sanitary and Drainage offices in Salalah amongst others. Current projects include the four-star Park Inn Hotel and residential developments such as the Lavender Apartments and Canary Villas as well as 40, 000m2 mixed commercial and residential block for the Ministry of Defence pension fund.
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On reaching thirty years in real estate Mr Habib commented: “I believe that to ensure long term success teamwork, hard work, tenacity and professionalism is key. Through our values of empowerment, accountability, trust and excellence in all of our activities we have achieved a reputation that befits our experience in the market place. By investing in our staff through innovative HR, training and communication activities we are making a commitment to our clients, ensuring that no matter how small or big, they will receive the best possible service. As a result of this dedication to our clients and team, our future will hopefully see continued success and growth.
“Corporate Social responsibility is also at the heart of our activities. By donating to the six charities here this evening, I am recognizing the important role business plays in continuing to support and develop the cultural, economic and social prosperity of our wonderful country.”
