Faithful+Gould is providing commercial management services on Doha Festival City, winner of Construction Week Qatar's Commercial Project of the Year 2016.
Faithful+Gould contributed to several aspects of the project's development; not limited to the commercial management aspect of the project's construction phase. We provided investment managers, finance managers, tenancy managers and other consultants the necessary advice to make critical financial decisions in regards to cost matters and contract solutions. A proactive approach to risk and change management was encouraged throughout the project.
As part of our integrated approach we have implemented systems to provide detailed and summary financial reporting. The client now has robust management information that recognises current trending and provides an accurate assessment of outturn costs.
Doha Festival City is set to become one of the most advanced entertainment, retail and hospitality complexes in the region. One of the biggest retail structures under construction in the world, Doha Festival City will have a total gross leasable area (GLA) of some 250,000m², comprising of over 500 retail outlets across all categories.
Set to host some of retail’s biggest names (85% of retail space was leased before construction began) Doha Festival City will transform the retail offering in Qatar. What makes this super regional mall stand apart is its unique entertainment offering. It will feature the region’s first Angry Birds theme park along with a space-themed role play zone, an e-sports gaming arena, F1 and flight simulators and a snow park.