Cityscape Qatar 2016 10% growth in exhibition size with over 90 real estate developers

Off the back of Qatar’s GDP growth which is projected for between 6.5%-7%, coupled with a rapidly growing population, the real estate outlook in Qatar looks very promising with the demand for various real estate units and developments still evident. Cityscape Qatar 2016 has accordingly placed a greater emphasis on bringing together exhibitors with potential investors and buyers who are looking to invest in residential, hospitality, commercial and mixed-use properties. Hence, Cityscape Qatar 2016 is showing around 10% growth in exhibition size this year, as it confirmed more than 90 exhibitors showing new and current projects and exclusive deals to visitors of the show.

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 exhibiting 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%. 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. 

For his part, Group CEO Mr. Ali Al Obaidli said, commenting on the Group's participation in Cityscape Qatar, 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. Abraj Quartier are the gateway towers that have distinct iconic architecture, and have been developed to accommodate high quality commercial office space. The 42 story towers standing high on opposite sides of the main access road to The Pearl, will comprise of low, mid and high rise office towers of approximately a total leasable space of 53,636 m^2.

Ahmed Zakaria, Exhibition Director, speaking on behalf of Cityscape Qatar said: “During the last few years, Cityscape Qatar has proved to be the perfect venue for our exhibitors to interact with potential investors and showcase mega projects being designed and developed upon market demand. It is therefore essential to provide a platform as powerful as Cityscape to facilitate this interaction. Those investment opportunities will in turn deliver vast support to Qatar’s growing population by meeting residential housing needs. 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. Meanwhile, the UAE’s Manazil Group will be offering 8% off their Terhab Hotel Towers in Dubai. While Gap İnşaat Yatırım ve Dış Ticaret A.Ş. have confirmed 10% off their Tarlabasi360 property in Istanbul, and TGP Invest have confirmed that prospective buyers can benefit from 15% off when purchasing one of the properties in the Luxury Residence in Istanbul.

The organisers of Cityscape Qatar 2016, which will be held under the Patronage of His Excellency, Sheikh Abdullah Bin Nasser Bin Al Thani, Prime Minister and Minister of the Interior for the State of Qatar, has also confirmed a lengthy list of exhibitors from local companies, including the event’s Platinum Sponsor Just Real Estate (JRE), who will also be launching at this year’s event and are joined by Al Bandary Real Estate, Gold Bay Real Estate and John Taylor. These leading local exhibitors will be joined by regional and international heavyweights including, Tilal Real Estate, KGR Real Estate, Cluttons, and St. James *JLL* from the UAE, Chestertons and Taylor Wimpey from the UK, Kuwait Project Management and Kingdom Real Estate from Kuwait, along with the Turkish companies, Gap İnşaat Yatırım ve Dış Ticaret A.Ş. Nova Property and Yusuf Ozkan, among many others.

Cityscape Qatar 2016, in its fifth edition will take place from April 26-28, 2016 at the newly opened Doha Exhibition and Convention Center (DECC). the exhibition is expected to be the largest ever real estate event to be held in the country, is well positioned to build on the success of previous events and will include a three day exhibition, learning and networking features, along with a number of landmark deals which are due to be struck throughout the upcoming event. To find out more about Cityscape Qatar 2016, please visit: www.cityscapeqatar.com .