Msheireb Properties Wins 'Developer of Year' Award

Doha, September 24 (QNA) - Msheireb Properties has won Arabian Business' 'Developer of the Year 2014' award, the real estate development company announced Wednesday. The company's senior management team received the award at a ceremony held at the Grand Hyatt Hotel in Doha. A subsidiary of the Qatar Foundation for Education, Science and Community Development, Msheireb Properties earned the Developer of the Year Award for its flagship QR20 Billion development Msheireb Downtown Doha, one of the largest urban regeneration projects in the world. Msheireb Downtown Doha is a sustainable project that focuses on environmental conservation and energy efficiency. This translates to more efficient use of resources, minimised waste and reduced carbon footprint. The development consists of both residential and commercial property, retail centres, and entertainment and cultural precincts. The design of Msheireb Downtown Doha is inspired by the vision of HH Sheikha Moza bint Nasser, Chairperson of Msheireb Properties. Her desire is to conserve Qatar's rich architectural heritage, while at the same time creating a thriving and sustainable community. The seamless blending of tradition with modern practice runs at the heart of this development, the company said. (QNA)