Shanfari Group, Mandressi launch premium real estate firm in Oman

May 26, 2019

Shanfari Group of Companies, one of the largest conglomerates in Oman, and Mandressi, a leader in urban planning and architectural designing, announced the launch of a premium real estate company - Tasmim to create iconic and design-led developments in the sultanate.

Mandressi is a notable European design firm leading in architecture and engineering solutions. Through this new venture, both the groups aim to establish Tasmim as the real estate services provider of choice among discerning investors in the region.

The new brand Tasmim aspires to be a one-stop shop for all real estate developers and provides integrated services from concept design to sales. With a team of professionals with global expertise, Tasmim will create, manage and sell world-class projects in line with the developer’s vision, according to a press statement.

Tasmim aims to meet the needs of the local market and create top-notch facilities that set new standards in Oman’s real estate sector. It will boost the real estate value in Oman by delivering core properties and attracting high-profile tenants, the statement said.

Alessandro Daverio, CEO of Mandressi, said, “The launch of Tasmim will help drive growth in the field of real estate development by leveraging our extensive experience and network. Tasmim has been set up to capitalise on that opportunity and allow us to provide different partnership options for the entire community to further grow and expand.”

Tasmim’s projects intend to be vibrant life spaces more than just buildings and redefine the skyline of Oman, thereby enhancing the aesthetics and tourism value of the nation.

“Tasmim’s first project, which will have its soft launch soon, represents a significant economic and strategic importance for the real estate development in the sultanate and the wilayat of Muscat in particular,” Jan-Willem Krijgsman, project development manager at Tasmim, said.

“As a result of the dedicated efforts of our highly experienced consultancy team, we are able to bring international creativity and talent aboard,” he added.