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MENAFN - The Peninsula - 05/06/2014
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(MENAFN - The Peninsula) Ezdan Holding Group's stand in the Real Estate Investment and Development Exhibition - Cityscape 2014 - witnessed a large number of visitors, investors and developers who came to learn about the most important and prominent projects of the group.

Ezdan displayed architectural models of many of its major projects and staff represented the group at the expo, including employees from Ezdan Real Estate, Ezdan Mall and Ezdan Hotel to introduce the group to visitors and explain major activities of companies.

"The exhibition has witnessed a significant number of investors and developers, which promotes the event and gives it great importance to be regionally echoed. I expect the exhibition will record great success over the coming editions, especially that the Qatari real estate market is witnessing an upswing helping promote such gatherings of investors in such an important sector," said Ali Al Obaidli, Group CEO, Ezdan Holding.

He said the huge turnout at the stand came as a result of the acclaimed position of the group in the local market, through mega projects that have been implemented in addition to projects in the pipeline.

He said the long experience has enabled the group to be among leading entities in the local market and a model for new investors to follow.

Al Obaidli said meetings with some participants had been held on the sidelines and all addressed the position of the domestic real estate market and means of benefitting from the renaissance experienced by Qatar and its impact on the real estate sector.

The meeting also talked about Qatar World Cup 2022 and its importance as well as impact on real estate investment, stressing that the real estate and tourism sectors top the list of sectors expected to witness a boom during the coming period.

The talks also covered the decision of the group to exit the real estate sector and its influence on the real estate market.

Al Obaidli said the group has investments, including in the hospitality industry through Ezdan Hotel units that provide renowned services. He said Al Shamal Hotel is likely to be launched by this year-end, stressing that it will have an important role in and impact on the tourism and hospitality sector in Qatar and will be a vital addition to the group's hotel chain.

He said Ezdan Holding is keen to participate in the annual exhibition to communicate with visitors and explain the objectives of projects and answer their questions.


The Peninsula

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