* PM toured various sections of the exhibition and was updated on the most prominent real estate projects
HE the Prime Minister and Minister of Interior Sheikh Khalid bin Khalifa bin Abdulaziz al-Thani toured the 10th edition of Cityscape Qatar 2022, which concluded on Wednesday at the Doha Exhibition and Convention Centre (DECC).
During his visit to various sections of the exhibition, the Prime Minister was updated on the most prominent real estate projects in the country, presented by government agencies and institutions, as well as Qatari and regional real estate companies.
He also listened to a briefing on the readiness of real estate projects to host fans of the 2022 FIFA World Cup and the commercial and investment opportunities available to visitors of the exhibition.
Sheikh Khalid spoke with senior representatives from local firms Qatari Diar, Qetaifan Projects, Bin Al Sheikh Real Estate Development, and Mart Real Estate. The Prime Minister also spoke with international developers DAMAC before proceeding to the Turkish pavilion.
The Prime Minister’s visit to Cityscape yesterday also coincided with several signing ceremonies between major companies in the property sector, wrapping up the three-day event, which was rife with several real estate launch rites and foreign direct investment (FDI) opportunities.
Qetaifan Projects signed a deal yesterday with the Royal Institute of Chartered Surveyors (RICS) to collaborate closely on the integration of international sustainability standards – a key pillar of Qatar National Vision 2030. The signing ceremony was led by Jordan D’Gama, head of insight, strategy and success at RICS, and Hesham Sharaf, chief operating officer at Qetaifan Projects.
Speaking about the partnership, Sharaf said stronger collaboration and support “can ultimately produce genuine, tangible results.”
He said, “With sustainability high on the agenda for all real estate stakeholders, we are pleased to confirm both RICS and Qetaifan will be pledging their support for the International Property Measurement Standard (IPMS). This is a universal measurement standard that forms the basis of sustainability metrics, valuation, and building efficiency.
“IPMS is expected to bring confidence and transparency to international property markets through the introduction of a consistent method for measuring property. It will overcome the existing concerns and confusion that can arise through the use of multiple measurement standards throughout the world. These can lead to deviations of up to 24% in building measurements, so it is no small matter.”
Cityscape group director Chris Speller said, “As we close the doors on our 10th edition in Qatar, it is fantastic to see such a buzz around the show floor with real, tangible business being conducted.
“As we look forward to the FIFA World Cup and the positive impact it will have on various economies, including real estate, we can’t wait to see what other opportunities will arise for our partners, stakeholders, and visitors at Cityscape Qatar 2023.”