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QNA
Istanbul
Qatari Diar and the Turkish Ministry of Environment and Urban Planning have come together to lay the foundation stone for a project to redevelop the historic Sulaymaniyah district in the Turkish city of Istanbul.
Qatari Diar CEO Eng. Abdullah bin Hamad al Attiyah and Minister of Environment and Urban Planning of Turkey Murad Koroum jointly laid the foundation stone in the presence of the Mayor of Istanbul and a number of dignitaries.
The project, undertaken by Qatari Diar, encompasses a total area of 102,000 square metres in the centre of Istanbul’s historic area. It is comprised of residential and commercial buildings, hotels, roads and pedestrian areas, parking lots and involves re-development of archaeological and heritage sites such as mosques, wells, fountains and much more.
The cost of the project is approximately QR3.1 billion.
The project is designed to be a cultural turning point for the Sulaymaniyah area within the framework of a clear strategy that preserves the heritage aspect of the area while developing a modern city in historic surroundings to reflect the civilised face of Istanbul.
The project is expected to be completed by the end of 2023. Its development plan, consultancy studies, master plan preparation and government approval have been completed.
Qatari Diar Real Estate Investment Company was established in 2005 as a member of the Qatar Investment Authority (QIA) to support the growing Qatari economy and implement real estate development projects inside and outside Qatar. Qatari Diar has a capital of $ 8 billion, with more than 60 projects under development in Qatar and 24 countries around the world, and investments estimated at more than $ 35 billion.
Istanbul
Qatari Diar and the Turkish Ministry of Environment and Urban Planning have come together to lay the foundation stone for a project to redevelop the historic Sulaymaniyah district in the Turkish city of Istanbul.
Qatari Diar CEO Eng. Abdullah bin Hamad al Attiyah and Minister of Environment and Urban Planning of Turkey Murad Koroum jointly laid the foundation stone in the presence of the Mayor of Istanbul and a number of dignitaries.
The project, undertaken by Qatari Diar, encompasses a total area of 102,000 square metres in the centre of Istanbul’s historic area. It is comprised of residential and commercial buildings, hotels, roads and pedestrian areas, parking lots and involves re-development of archaeological and heritage sites such as mosques, wells, fountains and much more.
The cost of the project is approximately QR3.1 billion.
The project is designed to be a cultural turning point for the Sulaymaniyah area within the framework of a clear strategy that preserves the heritage aspect of the area while developing a modern city in historic surroundings to reflect the civilised face of Istanbul.
The project is expected to be completed by the end of 2023. Its development plan, consultancy studies, master plan preparation and government approval have been completed.
Qatari Diar Real Estate Investment Company was established in 2005 as a member of the Qatar Investment Authority (QIA) to support the growing Qatari economy and implement real estate development projects inside and outside Qatar. Qatari Diar has a capital of $ 8 billion, with more than 60 projects under development in Qatar and 24 countries around the world, and investments estimated at more than $ 35 billion.
