QMIC appoints Colliers to $137mn Doha tower
QMIC Tower will be firm's new mixed-use Doha headquarters
Qatar Industrial Manufacturing Company (QIMC) has appointed Colliers International as real estate advisory services consultant for Phase I of its proposed new $137mn (QR:498mn) headquarters, QIMC Towers on the Doha corniche.
Under the agreement, Colliers International will initially conduct market research, a design critique, feasibility study and provide recommendations to QIMC on the planned 58,000m2 QIMC Tower mixed-use development.
Abdulrahman AL-Ansari, CEO at QIMC said: “Our decision to appoint Colliers International highlights our commitment to transform our current headquarters into an iconic building that reflects the highest standards and
specifications. With over 18 years of experience advising some of the region’s most successful developments, Colliers International brings a unique mix of local and international expertise that we and our future tenants will benefit greatly from.”
Peter Bibby, Qatar country director at Colliers International, said: “QIMC Tower will become an iconic feature of the Doha skyline with its unique design while providing residents and visitors with premium residential, commercial and hospitality services. Colliers International will bring a world class approach to the development, management and subsequent leasing of the project, and we are confident that our proven expertise will play an integral role in its long term success.”
When complete, QIMC Tower will consist of three interlinked towers ranging from 23 storeys to 39 storeys overlooking the corniche in West Bay, Doha. The development will comprise residential and serviced apartments and offices. Project manager is Hill International.