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Waseef wins key Qatar property deals

Doha, February 21, 2011

Waseef, one of Qatar’s leading property, facility and brokerage management services companies, has won major deals with Barwa Village and Masaken Musaimeer/Masaken Al Sailiyah to manage 800,000 sq m of property.

The agreement with Masaken Mesaimeer and Masaken Al Sailiyah covers both phases of the development which comprises 31 buildings, 14 buildings with two-bedroom apartments and 17 with 3 bedroom apartments, a total of almost 2,000 apartments in both locations.

Musaimeer Sailiyah includes gardens, playgrounds, a health club and fitness center, swimming pools, and nurseries. In addition the development offers shopping areas which include ATM machines, a supermarket, pharmacy, laundry, barber shop and café.

The Masaken development, which is targetted at middle income families and residents, and which provides a high quality living environment with manageable costs, has received two regional awards, the first as ‘Best Completed Development Award’, and the second as “Qatar Best Leading Community Serving Project’.

“We are proud to reach agreement with Waseef as it is a top property service company with the highest and most reliable level of expertise, which will contribute to the experience of our tenants and provide them with dependable services 24/7,” said Khalifa Al Mohannadi, general manager of Masaken Al Sailiya and Mesaimeer.

'This service agreement embraces everything related and not limited to marketing and letting and property management and administration, fit out services including testing and commissioning, call centre services and facilities services,' he added.

The second service management agreement signed with Waseef relates to the recently inaugurated 400,000 sq m Barwa Village which provides a mix of residential and commercial premises.

This development has been built on global standards with 186,000 sq.m built-up area comprising 18 low-rise residential buildings, 918 shops, a shopping mall, school, clinic, club house, nursery and other amenities.

This contract comprises similar services as those agreed for Masaken Musaimeer and Masaken Al Sailiyah.

Khalid Al Hitmi, general manager of Barwa Village said, 'Waseef was selected for the project as it was the only company that could offer full range of services we were looking for under a single umbrella, a crucial element for a multi-use development of such scale.'

'Waseef is committed to maintain the same high level of service delivery, quality assurance and high standards to a wide range of properties in addition to future projects with different parties.'

'Its aim is to provide a comprehensive range of services to improve the lives of tenants and to respond to the entire spectrum of their requirements,' he added.

Khalid Nasser Al Mannai, CEO of Waseef, said, “Waseef was established to be unique and strong; therefore, concluding management agreements with award-winning and mega projects, such as Barwa village and Barwa Masaken, is a major milestone for Waseef.'

'This is only the beginning, as we are planning to sign soon a good number of scalable deals and agreements with different parties,' he added.-TradeArabia News Service




Tags: Barwa Village | Waseef | Qatar property deals |

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