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American Appraisal expands into Middle East

Valuation firm American Appraisal has opened an office in Abu Dhabi – its first in the Middle East – to take advantage of the growing demand for valuation services in the region, particularly in the oil and gas, real estate and infrastructure industries.

The valuation consultancy, which has been serving Middle Eastern clients for over 10 years from its UK hub, plans to appoint a senior director to manage the office locally.

During the early development of the office, responsibility for clients and services in the region will continue to be handled through the group’s London branch under the responsibility of Mike Weaver (pictured), managing director of American Appraisal in the UK. 
Weaver says: “A global economy demands a local presence and with American Appraisal already firmly established in Europe, Asia and North America, we felt now was the time to launch our first office in the Middle East, having experienced a significant growth in demand for our services thanks to the continued rapid development of the region as a whole.”

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