Tabarak Developments has announced the launch of an entertainment company dubbed Tarfeeh in Egypt and the Gulf region as the newest subsidiary of Tabarak.

Tarfeeh aims to offer a variety of the finest real estate services to Tabarak customers in the Gulf states and Egypt in order to maximise the return on their properties in the Egyptian market and help them manage their investments.

During the company’s sohoor on Sunday, Chairperson of Tabarak, Ali El-Shorbany announced the launch of the Tarfeeh company at the company’s branches in the Gulf states.

El-Shorbany said, “The extensive experience has enabled us to know the needs of investors and customers, including the need for qualified real estate management not only specialised in leasing but also in providing a distinct management of all services and facilities.”

El-Shorbany elaborated that real estate services are an integral part of a range of benefits offered in any sophisticated real estate market to give clients an integrated real estate experience.

“To further serve our customers, we will soon launch a mobile application for the new company to include all services while increasing the ability of the customer to communicate and interact with us in a very easy and short time,” El-Shorbany pointed out.

Furthermore, El-Shorbany noted, “According to the latest statistics during the second quarter of 2019, the real estate sector ranked third in terms of the volume of Egyptian market trades, which amounted to EGP122.8bn.”

Tarfeeh offers three categories of services to Tabarak’s customers in the Egyptian market: leasing, resale, and customer service. Through leasing services, the company rents real estate units to the benefit of Gulf customers throughout the year by renting the unit with the highest rental values in the area, preparing the house for the new tenant and acting as a real estate consultant on behalf of the owner as well as completing contracts and legal leasing procedures.