Just Real Estate (JRE) has added to its portfolio Msheireb Properties, a subsidiary of Qatar Foundation and the developer of Msheireb Downtown Doha (MDD) – the “smartest and most sustainable fully built city district in the world”.
Through this tie-up, JRE will be responsible for the leasing and marketing of residential, retail and commercial premises in the city district with an on-site team, a press statement notes.
The MDD project is divided into five broad quarters that are fully supported through an intrinsic mix of hospitality, retail, residential, commercial, and civic offerings.
Designed to have everything close and convenient enough to walk to, each quarter caters to every need of an urban dweller.
Comprising commercial offices, the city’s key extended government area, luxurious residential units, green spaces, an international academy, community mosques, state-of-the-art retail spaces, treasured cultural offerings, an extensive café culture, and world-class dining and hotel options are all within minutes of one another.
Nasser al-Ansari, JRE chairman, said: “It is a great milestone for all of us at JRE to manage such a futuristic project – Msheireb Downtown Doha. Over the years, JRE has managed to receive an influential list of projects be it in Qatar or globally. This recent recognition is the testimony of our undeterred grit and determination to reach beyond the horizons and make Qatar one of the most buzzing real estate havens for the globe.
“We would like to express our gratitude towards the management of Msheireb Properties who have entrusted us with the responsibility of managing sales at their largest and most-sought-after development project. We are confident that together we will be able to achieve unprecedented heights and make this project a success.”
Ali al-Kuwari, acting CEO of Msheireb Properties, said: “We are excited to partner with JRE as they have been one of the key players in the Qatari property market and have a proven track record of managing top-notch real estate projects. JRE’s commitment signifies their confidence in our growth strategies and we look forward to their partnership and growing our portfolio.
“Since its inception, Msheireb Downtown Doha is stimulating the city centre of Doha in the smartest and most sustainable way.
This project reflects our vision towards enhancing sustainable paradigms in the Qatari real estate market and JRE’s long-term strategies complement our vision, which makes it a perfect partnership to prosper and grow.”
As the “world’s smartest and most sustainable fully built city district”, all of MDD’s buildings are either Gold or Platinum LEED-certified and the city district adheres to the highest standards in green building and smart services.
The development has revived the old commercial centre at the heart of the capital city, aiming to reverse the western pattern of urban development and to substitute it with walkable, friendly neighbourhoods.
Blending the best of Qatar’s architectural heritage with modern design, MDD is the new social hub – a place where it is enjoyable to live, work, shop, visit and spend time with family and friends.
With an intrinsic mix so diverse, MDD will truly be a place like no other.
All of MDD’s buildings are either Gold or Platinum LEED-certified and the city district adheres to the highest standards in green building and smart services.