Waseef signs agreements to manage 800,000 S.Q.M
Waseef signs agreements to manage 800,000 S.Q.M
Doha- 21 Feb 2011- Waseef, one of Qatar’s leading property, facility and brokerage management services companies, has signed agreements with Barwa Village and Masaken Musaimeer/Masaken Al Sailiyah to manage a total of 800,000 sqare meters of property .
Supporting its vision of being recognized as a reliable global Qatari company, renowned for its leadership in property, facilities and brokerage services, Waseef has won these contracts against competitive tender.
The agreement with Masaken Mesaimeer and Masaken Al Sailiyah covers both phases of the development which comprises 31 buildings, 14 buildings with 2 bedroom apartments and 17 with 3 bedroom apartments, a total of almost 2,000 apartments in both locations.
Musaimeer Sailiyah includes gardens, playgrounds, a health club and fitness center, swimming pools, and nurseries. In addition the development offers shopping areas which include ATM machines, a supermarket, pharmacy, laundry, barber shop and café.
The Masaken development, which is targetted at middle income families and residents, and which provides a high quality living environment with manageable costs, has received two regional awards, the first as ‘Best Completed Development Award’, and the second as “Qatar Best Leading Community Serving Project’.
“We are proud to reach agreement with Waseef as we believe that it is a leading property service company with the highest and most reliable level of expertise, which will contribute to the experience of our tenants and provide them with dependable services 24/7” Said Khalifa Al Mohannadi, General Manager of Masaken Al Sailiya and Mesaimeer.
This service agreement embraces everything related and not limited to marketing and letting and property management and administration, fit out services including testing and commissioning, Call Centre services and facilities services.
The second service management agreement signed with Waseef relates to the recently inaugurated 400,000 sq.m Barwa Village which provides a mix of residential and commercial premises.
This development has been built to international standards with a total of 186,000 sq.m built-up area comprising a total of 18 low-rise residential buildings, 918 shops, a shopping mall, school, clinic, club house, nursery and other amenities.
This contract comprises similar services as those agreed for Masaken Musaimeer and Masaken Al Sailiyah.
Eng. Khalid Al Hitmi, General Manager of Barwa Village said: “We have met with many service provider companies, but Waseef was the only company that could offer the full range of services we were looking for under a single umbrella, which is crucial for a multi-use development of such scale.”
Waseef is committed to maintain the same high level of service delivery, quality assurance and high standards to a wide range of properties in addition to future projects with different parties. Its aim is to provide a comprehensive range of services to improve the lives of tenants and to respond to the entire spectrum of their requirements.
Eng. Khalid Nasser Al Mannai, CEO, Waseef, said: “Waseef was established to be unique and strong; therefore, concluding management agreements with award-winning and mega projects, such as Barwa village and Barwa Masaken, is a major milestone for Waseef. This is only the beginning, as we are planning to sign soon a good number of scalable deals and agreements with different parties.”
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BARWA is one of Qatar’s leading real estate and investment companies, established in 2005 with the mission of contributing to the sustainable growth of Qatar by investing in businesses, services and expertise. With business interests in real-estate, infrastructure, business services and financial services, BARWA's drive and determination comes from working in tandem with the Qatari Government’s overarching development plan, the Qatar Vision 2030, which stresses human, social, economic and environmental development.
BARWA aims to be one of the most successful real estate and investment companies in the world, with a home in Qatar and a business operating around the globe.
BARWA's flagship projects include: Barwa Financial District, Barwa Commercial Avenue, Barwa Al Sadd, Barwa Village, Masaken Al Sailiyah and Musaimeer. Supporting these projects are specialized centers of excellence providing project management, development management and asset management services.
Waseef was established in Q3 2009 from the merger between Barwa Property Management, Barwa Facilities Management and Barwa Hotels and in 2010, will assume control of operational management of Barwa Village, Barwa Sadd and Barwa Al Baraha. Waseef will expand the activities of Barwa in the local market while simultaneously cutting servicing costs and enhancing performance and quality.