DOHA: Qatari Diar Real Estate Investment Company is to open a informal bureau in Washington DC to pursue new vital investments via a western hemisphere.
The bureau will be located in City Center DC complex, Qatari Diar’s flagship North American growth now impending execution in and with Hines. Designed by Foster + Partners, City Center DC is a 148,000sqm civic redevelopment programme in a heart of downtown Washington DC.
In further to City Center DC, Qatari Diar is also partial of a corner try building Panama Pacifico on a site of a former Howard Air Force Base in a Republic of Panama.
Announcing a new office, Khaled Mohammed Al Sayed, Group Chief Executive Officer of Qatari Diar Real Estate Investment Company, said, “The success of a City Center project, together with Qatari Diar’s plan in Panama, have speedy us to demeanour for additional opportunities in a Americas. Qatari Diar’s new informal bottom will conduct existent projects and try other vital investments within a region.”
The US office, due to open after this year, will be headed by Stephen J Pettit, Qatari Diar Regional Director — Americas.
“Qatari Diar’s new bottom in a Americas will accelerate a company’s operations in a western hemisphere, permitting a regionally-based group to manage a effective government of stream and destiny projects,” pronounced Pettit.
Qatari Diar is now concerned in 49 landmark projects in 29 countries opposite a Americas, Europe, Middle East, Africa and Asia. The initial proviso of City Center DC comprises 6 buildings containing 458 let apartments and 216 condominiums, in further to 48,000 sqm of bureau space and some-more than 17,000 sqm of sell space. The Peninsula