QICR along with other sovereign as well as private High Net Worth Investors (HNI) seeks to acquire real estate assets across the GCC. Placement is typically done through QIC’s dedicated local and international marketing and placement capabilities.

QICR’s real estate portfolio includes prestigious landmarks such as the iconic commercial property Qatar Financial Centre, from where Qatar Financial Centre Regulatory Authority operates.

QICR set up a GCC Real Estate Fund, which owns assets in premier locations across Qatar. The Fund was raised by QIC and its partners, thus making provisions for seed capital as well as working funds, which are necessary for Management support and development of similar Real Estate projects. The Fund currently has Real Estate assets worth circa USD 100 million and is capped at USD 300 million. The Fund’s life cycle is for approximately five years, with a possible maximum extension of two years.

QICR partnered with reputable Retail facilities and premium Healthcare providers in Qatar as well as with other GCC countries to develop properties and lease them on terms exceeding fifteen years. To exemplify, QICR has already embarked on its first development project at Al Messilah, a premier location in Doha, where a 15,000 sq. metre Lulu Hypermarket is being constructed. Construction is already underway and is expected to complete by end of 2015.

Simultaneously, plans are underway for the utilization of the balance land at Al Messilah to develop high end leasable commercial space by 2016.