Ezdan Real Estate announces the gradual handover of Al Furjan Markets News & Events | Ezdan Real Estate

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Ezdan Real Estate announces the gradual handover of Al Furjan Markets

Ezdan Real Estate announces the gradual handover of Al Furjan Markets

01 Oct 2014

Ezdan Real Estate, one of Ezdan Holding Group companies, has unveiled the start of contracting procedures regarding commercial stores within Al Furjan Markets that the company manages. Direct communication with the winners of the draw to clarify the requirements of the contract and to complete the delivery of the stores has already started, and the company has resumed the leasing operations directly after the holiday of Eid Al Adha in several zones and markets.


Deputy CEO of Ezdan Holding Group Mr. Nasser Mohammed Al Abdulla, said that the Group is keen to fulfill all its commitments and achieve maximum comfort and transparency for all winners of the contracts, in the sake of contributing in the achievement of the developmental vision of the state that aims at strengthening the domestic market, and in the sake of saving time and effort for all citizens and residents of the state. He explained that Ezdan Holding Group supports Ezdan Real Estate Company in its plans that aim at investing all of its expertise in the service of the real estate sector.


In this regard, a special hotline to communicate with tenants has been established, noting that the stores will be gradually delivered through Real Estate Assets Management Department. Several measures have been taken to facilitate contracting procedures and overcome all urgent difficulties.


The fact that Ezdan Real Estate manages Al Furjan Markets reflects the confidence of the state in the private sector in general and in Ezdan Holding Group in particular to run national projects in Qatar, which also has a tremendous effect in enhancing the reputation of the Group locally and regionally as an excellent manager of large projects.


It is worth mentioning that Ezdan Real Estate manages 308 stores in 21 markets within Al Furjan Markets, spread over different zones, including Jeryan Nejaima (16 stores),  Umm Al Sanim (88 stores), Rawdat Al Hamama (120 stores), and Al Maarad (84 stores).


Ezdan Real Estate Company has dedicated the hotline number (40212121) to enable tenants of Al Furjan project to communicate with the Department of Real Estate Asset Management of the Company.


The Standing Committee for managing the government markets' real estate fund at the Ministry of Economy and Trade has signed a cooperation agreement with Ezdan Real Estate Company for the facilities management of Al Furjan Markets. Through the agreement signed, the role of Ezdan is based on the conclusion of contracts with Al Furjan markets' shopkeepers, renewal, securing safety and security at the markets in addition to the collection of rents and maintenance work that must be assigned to the owner. Ezdan will be in charge of all facility management of Al Furjan markets.