Q-REX brings together hundreds of companies from the GCC and abroad to offer opportunities to showcase projects and real estate investment services, as well as meeting decision-makers to present the findings in the latest investment opportunities in the domestic and international real estate sectors.
Engineer Mohamed Bin Ali Al-Hedfa, Qatari Diar Deputy CEO for Business Development and CEO of Lusail Real Estate Development Company, commented, "We are extremely proud to be the strategic sponsors of Q-REX 2009, Qatar's pre-eminent real estate and investment exhibition. With our forward-thinking projects in Qatar, such as the massive Lusail development and the state-of-the-art Doha Exhibition Center and Tower, along with our visionary regional and international projects such as the renowned Chelsea Barracks in London, the luxurious Al Houara Resort in Tangier, Morocco, and the Ibn Hani Bay Resort in Syria, Qatari Diar is leading the way for developing visionary sustainable developments in Qatar and around the world that will shape Qatar's future for generations to come."
Qatari Diar and Barwa will be represented at Q-REX by senior executives who will take the opportunity to share their best practice and ideas with organizations and individuals from around the world.
Qatari Diar will showcase its flagship project Lusail City, a 35 square kilometre city to accommodate 200,000 residents, 165,000 workers and 90,000 visitors. Also highlighted will be the Lusail Commercial Boulevard; modelled after the iconic Champs Elysées of Paris, the Commercial Boulevard District will serve as the 'commercial hub of Lusail'.
Situated along the central portion of Lusail city, the Boulevard focuses on large-sized retail units of mixed use, including walk-up apartments parallel to the main commercial spine.
Qatari Diar will also highlight at Q-REX the $350m Ibn Hani Bay Resort in Syria and Qatari Diar's luxurious Al Houara Resort in Tangier, Morocco.
Commenting on Barwa's participation, Mr Khalid Al Delaimi, President of Qatar Developments, said, "We have complete trust in the strength of Qatari economy, which showed its stability throughout the hard economic period and continued to provide a solid backing to our ambitious community development."
"In line with this, we have identified 'QREX 2009' as the right platform to showcase our Barwa Al Khor 'Urjuan', Barwa Village, Barwa Al Sadd, Barwa Financial District and Barwa Commercial Avenue projects and share the tremendous progress we are making in the construction,"added Al Delaimi.
Barwa will showcase multibillion riyal projects, including the QR35bn 'Urjuan', by Barwa Al Khor, being developed to the north of Al Khor City with total area of around five and a half million square meters.
In addition, the stand will include Barwa Commercial Avenue, a prestigious eight kilometres commercial facility offers luxury residential and commercial buildings, Barwa Financial District, an integrated real estate solution designed to serve the local and international financial institutions located in the heart of Doha New Commercial City in West Bay area, Barwa Al Sadd, a commercial and residential complex being developed adjacent to Suheim Bin Hamad Street in Doha, and Barwa Village, residential and commercial blocks provide a mix of apartment lifestyle in addition to retail shops Located 10 kilometres south of Doha International Airport.
Qatari Diar, an investment company of the Qatari government, is wholly-owned by the Qatar Investment Authority. Barwa Real Estate is 45% owned by Qatari Diar.
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