Al Faris and Realty Port sign partnership pact
10 Jan 2017 - 4:21
Al Faris Group, a limited liability Qatari company specialising in investment and real estate marketing, signed a partnership and cooperation agreement with the ‘Realty Port’, a Turkish company working in the field of real estate marketing, to enhance expansion opportunities outside Qatar.
The agreement was signed by Sheikh Hashim Al Awadi, Chairman of Al Faris Group and Fateh Alrgeoffan, Chairman of Realty Port. Al Faris group is looking to provide a variety of Turkish real estate opportunities to its customers.
Realty Port has a large variety of real estate projects, including apartments, villas, lands and buildings all over Turkey, especially in Istanbul, Bursa, Trabzon, Antalya and others.
This would be a great unique addition to "Al Faris Group" in the Turkish market. Commenting on this occasion, Sheikh Hashim Al Awadi, Chairman of Al Faris Group said: “Al Faris Group is looking, through the signing of this agreement with the Turkish company, to expand its investment outside Qatar, especially in Turkey, which has recently experienced an influx of the Qatari investments."
He added, "In this time while the Qatari investors are looking to invest in Turkey's, which is one of the most promising markets, and characterised by a variety of investment projects, we saw the importance of expansion in this rich of investment opportunities market, especially in the real estate sector."
Chairman of the Board stressed that relations between Qatar and Turkey witnessed a remarkable development recently, after the visit of Emir HH Sheikh Tamim bin Hamad Al Thani, to Turkey and signing several strategic agreements in Trabzon.
He also stressed that the company is looking forward to provide all the real estate opportunities in Turkey for its customers, citizens and residents alike, pointing out that the signed agreement with Realty Port will contribute to increase “Al Faris” activities in the Turkish market.
At the local level, Al Faris Group is keen to keep pace with urban development in Qatar, based on “Al Faris” commitment to Qatar Vision 2030 and the desire to be a major partner in the preparations to host the biggest sports event in the world in 2022. In this regard, Al Faris Group has built two cities for workers in Umm Al Afai and Al Saliyah, where Umm Al Afai city can host more than 12,000 workers, which is equipped with all the basic services, electricity, water, sanitation and Internet, in addition to hypermarket on an area of 1,200 square metres, sports fields, a large mosque and car parking, this city is located in a strategic location linking the north by Dukhan and the new axis leading to Wakrah and Mesaieed, while the other city in Al Saliyah will be completed soon.