Landmark deals announced during Cityscape Qatar
Continued investment into real estate projects shows no signs of abating at fourth Cityscape Qatar event
Following the successful inauguration of Cityscape Qatar 2015, a number of landmark deals have been announced during the fourth edition of the show.
Among the 85 exhibitors participating in Cityscape Qatar 2015 which opened on Sunday, Al Bandary has a number of high profile projects on display at Cityscape Qatar, including The Al Khessa Gate project, stand-alone villas that are located in Lusail along with its new project, Jumana Two, a tower at The Pearl, Qatar.
Maen Al Haj, Property and Real Estate Manager, commented during Cityscape Qatar: "During the first day of Cityscape Qatar, Al Bandary showcased our new project, Jumana Two, which is located in Porta Arabia at The Pearl, Qatar.
"We are pleased to confirm that on Day One of Cityscape Qatar, all of the units in Jumana Two were sold, and we enjoyed similar successes with other projects including Al Shahad Tower, The Dream Tower and other projects located in the Lusail area."
The Retaj Group is exhibiting its buildings and apartments in Lusail City, along with its ground breaking land selling project in the UK. Dr. Mohammed Bin Johar Al Mohammed, Vice-Chairman and Managing Director of Retaj Group, said: "We made sure to participate in Cityscape Qatar 2015 in order to introduce our latest projects and to interact with the other companies, as well as commercial and investing entities.
"At Cityscape Qatar we are able to exchange experiences and to have a closer look at the real estate market, and to see how to develop it further in the future."
In addition, Day Two of Cityscape Qatar 2015 (Monday May 12) was heavily focused on retail and the sector's rapid expansion in Qatar. Phil McArthur, founder and managing director of McArthur + Company, a shopping centre specialist who has previously worked with Mall of Qatar, commented: "Qatar has experienced a period of growth with the local retail industry due to a combination of high quality developers and services.
"There are a number of malls that will be opened in the near future including United Developer's Place Vendome, and what differentiates these shopping centres from other ones is how innovative they are, which in turn is changing the local retail landscape."
The Cityscape Qatar 2015 conference programme concluded last night with the Sector Series which featured in-depth discussions on: Social Infrastructure, Residential, Office, and Tourism and Hospitality, and was led by a number of well-respected panellists.