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.
energy management in India, assets management in India, project management services in India, IREP India, Facility Management services in India, Real Estate services in India, Real Estate Services, news, tech news, Transaction Management in India

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