Properties, a Real Estate Brokerage and Consulting Company, which operates major properties in Qatar, has worked out a forward-looking blueprint on high rise building management, a first in the country, aimed at minimising potential risks.
With the booming construction industry, the country's development plan anticipates the construction of 120 to 220 towers in the area in the next few years with each tower costing between QR40 million and QR250 million.
Providing details on how Properties, which already manages such major institutions' properties as Texas A&M University, Well Cornell Medical College in Qatar, Qtel building and Four Seasons Hotel, Tony Hajjar, General Manager of Properties said in remarks to The Peninsula the main focus would be on the regulations and guidelines agreed upon with the tower's owner.
