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Pearl-Qatar attracts top retailers

Doha , July 9, 2007

The Pearl-Qatar is on track to becoming one of the Middle East's most fashionable and sophisticated locations for international retailers.

A multi-billion dollar offshore island and one of the largest real estate developments in Qatar, The Pearl-Qatar is quickly attracting top international and regional retailers who see the dynamic retail potential of The Island.

General manager of Retail at The Pearl-Qatar Hussam Ahmed beams with pride and satisfaction as he highlights the significance of the multi-billion dollar development for Qatar and international retailers alike.

'The Pearl-Qatar will provide superb market positioning for retailers to benefit from a unique residential community of some 40,000 people as well as for the many visitors expected every day,' he said.

'From day one, the advanced conceptual design has showcased the creation of a world-class residential community, a breathtakingly ambitious new wave development and a distinctive, lifestyle-oriented shopping mall with a difference,' he added.

The Pearl-Qatar's 'Riviera Arabia' will eventually comprise Porto Arabia, containing the largest of the planned marinas offering investors a choice of residential locations: Apartments, penthouses and town houses surround a lagoon with a 300-room Four Seasons Hotel operating from the central island of Marsa Arabia.

Riviera-style boardwalk will encircle the 400-boat marina in Porto Arabia, one of three planned marinas to characterize The Pearl-Qatar, which, in addition to ample private and public moorage, will also feature water canals, navigable bays and creeks and a world-class yacht club.

TPQ attracts global and regional retailers spanning from the US, Europe, Asia, and the Arab World, including the most prominent regional retailers.

The Pearl-Qatar is the largest island in Qatar's waters. During the two-year land reclamation process, four million square meters of new land were created with a 32-kilometer shoreline, three coves, and navigable canals in addition to numerous other features.

A gem in the Arabian Gulf, The Pearl-Qatar is the country's first international real estate venture, and will be home to approximately 40,000 residents in more than 15,000 dwellings within 11 inspiring precincts by 2010.Trade Arabia News Service




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