Flexible lease and high quality space

  • IREP acquired Cat A fitted office space for international corporate company.
  • IREP negotiated lease terms to allow maximum flexibility for the client.

Client:

International corporate company

Location:

Doha, Qatar

Project Scope:

Office acquisition in Doha

Market Pricing:

160 QAR to 130 QAR p/sqm (100,000 € pa saving)

Challenges:

– Lack of institutional grade space
– Dated cellular buildings with irregular floor plates
– Strada owned buildings
– Parking allocation
– Clients rental expectations V Landlord’s

Outcomes:

– 6 year lease break after year 3
– Above market trend rent freen
– Chiller inclusive rent
– Flexibility
– Extra car parking
– Cat A fit out

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