By Sachin Kumar
DOHA: More than 90 real estate developers will showcase their new and current projects and exclusive deals in Cityscape Qatar 2016. The real estate exhibition will have around 10 percent growth in exhibition size this year.
Large Real Estate developers in Qatar are focusing their efforts to bridge the gaps of demand in the market and therefore, releasing hundreds of residential, commercial and mixed-use units, all will be announced as part of the developmental plans for real estate in Qatar. Leading the companies at Cityscape Qatar is Ezdan Holding Group, which aims to reach a large segment of participants at the exhibition. It has several projects in the real estate, hospitality and retail sectors. The number of units the company owns and runs amounts to about 20,000 residential and commercial units. The Group also seeks to promote its existing and under-construction projects in various areas.
In hospitality, Ezdan owns and manages about 3,900 units, spread over its chain of hotels, namely Ezdan Hotels West Bay, the under-construction Ezdan Palace Hotel and The Curve Hotel, where the Group owns a strategic stake of 32.5 percent. Meanwhile, the Group has recorded a remarkable success within the Malls Sector since the inauguration of its first projects in this business, namely Ezdan Mall Gharafa. The Group plans to open Ezdan Mall Al Wakrah and Ezdan Mall Al Wukair during the current year. Concerning under-construction residential projects, the Group is working on the completion of more than 9,000 residential and commercial units, within Ezdan Holding Group’s most prominent project.
Commenting on the group’s participation in Cityscape Qatar, Ezdan Group CEO, Ali Mohammed Al Obaidli (pictured), said that Ezdan showcases a strong participation this year, through which it aims to highlight its long experience in real estate to benefit other operators and developers in the market. The Group also seeks to communicate with entrepreneurs to develop the real estate industry in Qatar, as it constitutes one of the most vital sectors.
Al Obaidli added that Ezdan Holding Group has significantly contributed to the development and growth of the real estate market in the state, putting it in the position to reap ‘Property Company of the Year’ Award in Qatar for 2015 in recognition for its achievements and excellence in this important sector over the years.
He added that the Group will keep marching up this prosperity path in the real estate sector, thanks to its projects and services that are being improved on a permanent basis to meet all the needs of residents and achieve high levels of clients’ satisfaction.
Ezdan will also be joined by United Development Company (UDC), whose extensive property portfolio includes their Abraj Quartier Towers, commercial towers located at The Pearl, Qatar which are expected to be completed in mid-2016.
Ahmed Zakaria, Exhibition Director, speaking on behalf of Cityscape Qatar said: “This year we have a comprehensive collection of exhibitors, with a greater focus on international residential properties, and they will showcase both their brand as well as their projects to the industry’s most influential stakeholders and importantly to potentially buyers.”
Cityscape Qatar 2016 will feature exclusive deals and special offers for prospective buyers who are looking to buy a new home, rental property, holiday home or investment opportunity in Qatar and the region. Among the special offers include Ezdan’s offering of an exclusive invitation to the grand opening of their breathtaking, Ezdan Palace Hotel. The Peninsula
