The Investment Promotion Agency Qatar (IPA Qatar) organized the Qatar Pavilion at MIPIM 2023, in Cannes, France, offering visitors an exclusive look at the latest real estate projects and investment opportunities in Qatar. The pavilion was hosted in collaboration with Qatari Diar, UDC, Msheireb Properties, Qetaifan Projects and Ariane Real Estate. The launch of the pavilion was attended by HE Ambassador of the State of Qatar to France Ali bin Jassim Al-Thani, and CEO of Qatari Diar Eng. Abdullah bin Hamad Al Attiyah.
IPA Qatar said in a statement today that it hosted a series of business engagements with industry leaders, developers and investors. Held throughout the four-day event, which brought together 23,000 delegates from over 90 countries, these networking meetings connected potential investors to Qatars leading real estate developers. It also introduced them to the country’s rapidly developing sector and its business-friendly regulations and shed light on the innovative solutions and facilities offered by the countrys financial institutions, such as the Commercial Bank of Qatar (CBQ).
CEO of IPA Qatar HE Sheikh Ali Alwaleed Al-Thani said that: “MIPIM 2023 offered an excellent platform to showcase Qatar’s growing real estate market. With an expected 2.6% increase in housing expenditure between 2021 and 2030, in line with the rising standards of living and GDP per capita, more opportunities are emerging. We are confident that our participation at MIPIM 2023 will translate into tangible investment opportunities for Qatar.” For his part, CEO of Qatari Diar Eng. Abdullah bin Hamad Al Attiyah said: “We are pleased to participate in MIPIM 2023, where we engaged with global real estate developers, promoting the investment opportunities, which are the core of Qatari Diars expansion plans and strategies. The event was an opportunity to showcase our leading and flagship projects, which reflect a paradigm shift in the real estate investment and infrastructure development in Qatar.” For his part, President, CEO and Member of The Board of UDC Ibrahim Jassim Al Othman said that “We are proud to participate in MIPIM alongside leading Qatari companies to represent Qatar. It is an ideal platform to showcase the States growing real estate sector and support endeavours to attract foreign investors, providing them with competitive returns and residency benefits. International investors were impressed with our developments high-quality standard, integrated services and facilities and mostly the rewarding investment.” Head of Business Development at Qetaifan Projects Sheikh Nasser bin Abdulaziz Al-Thani said “This participation complements our vision to promote Qetaifan Island North as the first of its kind entertainment destination in Qatar. It is our commitment, and a national duty, to showcase Qatars added value across tourism, hospitality and entertainment sectors. We are confident that our different real estate offerings will be key attractions to international investors.” Vice Chairman of the Board of Directors and Managing Director Ariane Real Estate Mohammed Al Ali said that “Since its establishment in 2014, Ariane Real Estate has strengthened its presence in Qatar, while expanding its reach to international markets. Offering an array of residential and commercial units and educational institutions, Ariane is keen to create communities full of luxury and state-of-the-art facilities, and investment projects that bring high returns to investors.” EGM, Chief Marketing Officer and Head of Commercial Bank Premium Banking Hussein Al Abdullah said: “We take pride in our participation at MIPIM 2023 alongside leading Qatari institutions, underlining our strategy to support Qatars vision to become the next market destination for international property investors. Commercial Bank, in its support to the States efforts to encourage non-residents to invest in the real estate sector, offers mortgage for non-residents, enabling them to own real estate properties and acquire their permanent residency.”
Source: Qatar News Agency