Qatari Diar appoints thirteen international law firms to legal panels

Qatari Diar appoints thirteen international law firms to legal panels 21/03/2012 Page Content 13 international firms appointed over six panels; 46 international firms invited to tender. 21 March 2012 (Doha, Qatar)- Qatari Diar Real Estate Investment Company (Qatari Diar), an international leader in sustainable development and investment, has confirmed its appointment of thirteen international law firms to Qatari Diar’s six legal panels. The six legal panels cover the following practice areas: hotels, construction, finance, corporate, UK projects and international. Commenting on the panel appointments, Qatari Diar Group CEO Eng. Mohammed bin Ali Al Hedfa said, “I am delighted that we have appointed these thirteen international firms to support Qatari Diar’s global presence across our six panels. Qatari Diar was impressed by the high quality of the proposals received from the firms which participated. ” “Having prior knowledge and experience of Qatar and the GCC as well as the sectors and other regions we work in were essential in the selection of firms and is crucial to Qatari Diar’s vision of making a positive impact and improving the quality of lives in the communities we are serving,” added Al Hedfa. 46 firms were long-listed and invited to tender – the largest ever tender by the company - and firms were requested to submit their proposals in January 2012, with short-listed firms invited to present in London and Doha in late February. No one firm has been appointed to more than 3 panels with appointments starting 1st April 2012 for three years. Qatari Diar recently marked its sixth anniversary and has over 49 projects under development or planning in 29 countries across the Americas, Europe, Asia and the Middle East with a combined value of more than US$35 Billion.​ ============== Qatari Diar proud to win £557 million Deal of the Year for London’s East village 21/05/2012 12 Page Content 21 May 2012, Doha, QDD, the joint venture between Qatari Diar Real Estate Investment Company and Delancy Ltd celebrate recognition for acquisition of East Village as Deal of the Year at last week’s inaugural RESI Awards 2012- a leading event for the residential property market. The award celebrates a deal worth £557 million signed by a joint venture between Qatari Diar and Delancey who joined forces mid-2011 as QDD Ltd to acquire the Athletes' Village from the Olympic Delivery Authority ODA (to be known as East Village post-Games). Qatari Diar is excited about delivering a new dynamic community which will deliver for London’s businesses and communities beyond the Games. East Village is the first legacy neighborhood post this summer’s London 2012 Games, a new landmark community for London, providing over 2,800 homes, which residents will be able to move into from summer 2013. Commenting on the achievement, Eng. Mohammed bin Ali Al Hedfa, Group CEO of Qatari Diar said: "We at Qatari Diar look forward to applying our skills and knowledge in sustainable urban development towards ensuring that the Olympic Village becomes a fitting legacy to the London 2012 Games, and one that will benefit the local communities. Our commitment to the UK market and to building long-term relationships with our partners and the wider community is of paramount importance to us to ensure that we leave a positive cultural, environmental and sustainable footprint.” Chairman of Qatari Diar Delancey East Village Operations, Stuart Corbyn said: "We are delighted that this acquisition has been recognised as Deal of the Year, East Village will become London's newest and most exciting neighborhood meeting the needs of Londoners who want high-quality, long-term housing with access to world-class facilities - unique for today's London residential property market." The transaction created a significant partnership between the Olympic Delivery Authority and QDD which Ralph Luck, Director of Property at the ODA, is delighted to take forward: "We look forward to continuing to work in partnership with QDD on the management and future development of East Village as it enters an exciting new phase post-Games. East Village is a highly innovative concept and to be recognized at the RESI Awards 2012 reflects the support within the wider property industry for the steps that QDD is taking to address the needs of London's housing market." ===============