The Wave Muscat has been accepted as a member of the Association of International Property Professionals (AIPP), a non-profit organisation dedicated to improving professionalism in the international property industry.
Nick Smith, CEO, The Wave Muscat, said: “Membership of the AIPP reflects the high standards we have set ourselves at The Wave Muscat and shows that we judge everything we do according to international best practice.
“As the first integrated tourism development in the Sultanate and one of the most prestigious developments in the Middle East, we are delighted to have been invited to join the AIPP’s prestigious list of members. The Wave Muscat is the first developer in Oman and one of only a small number in the region to join the AIPP.â€
Based in London, the AIPP works to set standards in the property industry, improve services to homeowners and enhance regulatory frameworks.
As an AIPP member, The Wave Muscat subscribes to the organisation’s code of conduct, which stipulates exacting standards of transparency and professional integrity and requires The Wave Muscat staff to undergo specialist training.
The Wave Muscat also agrees to abide by the AIPP’s disciplinary procedures in response to a breach of the code.
Paul Owen, Chief Executive of the AIPP, said: “As AIPP Members, The Wave Muscat has submitted itself to our qualification process and has now voluntarily agreed to be bound by our professional code of conduct. We congratulate them on their commitment to professional standards and clients should feel reassured by such an undertaking. We look forward to working with them and nearly 400 other AIPP members to make the international property market a better place for buyers.’
A major event on the international property and real estate industry calendar, the AIPP Awards take place next spring. For more details on the AIPP visit www.aipp.org.uk
The Wave Muscat is being developed through a joint venture by Oman’s Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment Funds Company (representing Omani Pension Funds), and the UAE-based Majid Al Futtaim Group.
For more details on The Wave Muscat, visit www.thewavemuscat.com
About The Wave, Muscat
The Wave, Muscat is the first 100 per cent freehold development in Oman and a unique public-private venture valued at US$2.5 billion. A world-class mixed-use community spread along 6km of natural beach, The Wave, Muscat will comprise Oman’s first links golf course, designed by Greg Norman; a 300-berth marina; modern and spacious apartments and townhouses; water, beach and garden-view villas; and three luxury hotels.
The Wave, Muscat, is being developed through a joint venture comprising Oman’s Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment Funds Company (representing Omani Pension Funds), and the UAE-based Majid Al Futtaim Group. For the more details on the Wave, Muscat, please log on to www.thewavemuscat.com.
For More Information, please call:
Khalid Masoud Al Jadidi
Media Relations
Ph: +968 24534656
Fax: +968 24534401
Email: khalid@thewavemuscat.com
