Friday, March 29, 2024 | Ramadan 18, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Aqar launches Q series, inaugurates Q Centro

1019373
1019373
minus
plus

BUSINESS REPORTER -


MUSCAT, MAY 22 -


The leading real estate developer Aqar yesterday celebrated the launching of Q series brand, which is a series of a modern concept of retail and shopping centres.


The function, held at the Tulip Inn Downtown Muscat, has witnessed the announcement of the initial inauguration of Q Centro — the first of Q series at Rimal Busher Project.


Mohamed bin Abdullah al Khonji, Chairman of Aqar, said that Q, which is a comprehensive Omani trademark that target the shopping and commercial centre, developed by Aqar for the local and regional markets, represents a new concept of an integrated series of retail and shopping centres. He highlighted that Q Centro, the first of Q series, spreads over a lease space of 3500 sqm, with the same space to be added as future expansion.


“Retail and shopping projects have built an increasing importance in Oman at the present time due to the continued progress and development of our national economy, the increasing purchasing power and income and tourism growth”, said Al Khonji. Answering media questions during the press conference, Al Khonji affirmed that Aqar based its strong believe in the importance of pumping investments and expansion in real estate, commercial and residential projects.


From his part, Sadiq Jaffer Sulaiman, the General Manager of Aqar, said that Q Centro will host restaurants, salons, convenience stores, a laundry, fashion boutiques, pharmacies and a play zone for children, among others, to meet the daily needs of the residents.


“The studies carried out by a specialised company noted that the annual population growth rate at Bausher is 18 per cent and over the next 10 years the total population is expected to be 24, 000 people. We will evaluate the project and might replicated the same in different areas and governorates. While designing Q-Centro we focused on providing the modern life style to shoppers and end users,” Sadiq added


According to Qaboos bin Abdullah al Khonji, the CEO of Better Homes, the region’s premier real estate company with more than two decades of expertise in the Middle East, Q Centro is, exclusively, assigned to Better Homes as a marketing leasing agent.


SHARE ARTICLE
arrow up
home icon