DTZ named sole letting agent for trade centre
Doha, October 16, 2012
Global real estate developer, DTZ, has announced that it has been appointed the sole letting agent for the World Trade Centre Qatar.
The deal was signed by Sheikh Nasser Bin Ali Bin Saud Al Thani, the chairman of Qatar General Insurance and Reinsurance Company, the developer of the project; and Nick Witty, chief operating officer of DTZ Middle East.
Situated in Doha’s West Bay Business District, directly overlooking the corniche, the World Trade Centre Qatar is a 50-floor Grade A commercial tower offering circa 100,000 sq m of built up space.
Designed to the highest international standards, two iconic features will define the tower; the sphere on the bottom symbolising the world, as well as the saucer surrounding the top floors, a statement from DTZ said.
The tower will offer excellent facilities and amenities including an exclusive executive club located on the top floors and a number of dining outlets, a gym and spa, a 1,770 sq m convention centre and an auditorium that accommodates more than 500 seats.
It also offers flexible floor plates that can accommodate a business of almost any size, the statement said. Other features include 24 hour security access, high-speed lifts and ample car parking. The tower is due to be completed by the first quarter of 2013.
Al Thani, who is also the chairman of the World Trade Center Qatar, stated: “DTZ was appointed as sole agent for the scheme based on their extensive experience of transactions on commercial office space, their in-depth knowledge of the local market, as well as their valuable network of corporate clients in the regional and international markets.”
“World Trade Center Qatar will be, without a doubt, one of the most prominent and sought after commercial buildings in Doha,” Witty said.
“DTZ is already in talks with a number of parties, in relation to pre-let opportunities, which would secure a sizeable amount of the available office space before we commence our marketing campaign.”
This is DTZ’s second appointment on a World Trade Center in the Middle East, having been initially assigned as exclusive letting agents and property and facilities management advisers for the Bahrain World Trade Center. – TradeArabia News Service
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