Ezdan Mall project Wednesday, 04 May 2011 05:46

Ezdan, one of Qatar’s leading real estate companies is going ahead with the construction of its first commercial centre, the Ezdan Mall 1 in Al Gharafa, one of many real estate projects being undertaken by the company.  The project is being built on a plot of around 66,000sqm. The total built area is around 120,00sqm, and the leasing area is 32 percent of the total built area, while 20 percent of the mall will be transformed into green spaces.

This mall is part of Ezdan’s strategy to diversify its investments, having started by building housing projects dedicated for the middle income, and then luxury residential towers, and later administrative buildings, hotels and schools, and now modern shopping centres fulfilling the market’s demands and the shoppers needs, and provides consumers and families a vast space gathering a number of international brands as under one roof.

Ezdan Real Estate Company Chairman Sheikh Thani bin Abdullah Al Thani said the company’s focus is on supplying the local market housing units suitable for middle-income because they are the largest category in the community.  Ezdan Real Estate Company Board of Directors Member Sheikh Dr Khalid bin Thani Al Thani, said that since the company were listed on the stock exchange, the market value of the company achieved great leaps leading to doubling its value since listing.  In 2010, Ezdan carried out many real estate projects, including integrated residential villages, buildings, residential high-rise towers, major shopping malls, which are still under construction, and expected to open this year.