The operational costs of start-ups and small and medium enterprises (SMEs) are set to ease significantly with Alfardan Properties joining hands with Turkey’s Workinton to cater to the growing needs for serviced office, co-working, virtual office and meeting rooms in Qatar.
Alfardan Properties yesterday launched its partnership with Workinton, a Turkish international brand, as part of ongoing efforts to widen its spectrum of offerings to cover the needs of a new generation of entrepreneurs and workforce in the country.
“This (initiative) is for supporting new and start-ups. It will reduce the operational costs for the start-ups and SMEs,” Omar Hussain Alfardan, president and chief executive of Alfardan Group, told reporters in Doha at the function to mark the launch. Turkish ambassador Fikret Ozer was present on the occasion.
The Alfardan Center at the Bank Street will have 17 units catering up to 250 customers. It includes one conference room, two meeting rooms and co-working space for more than 50, scaleable up to 80.
The partnership comes amid the increasing popularity of co-working, virtual, and serviced offices worldwide. This trend has steadily been rising, including in Qatar, considering the fast-rising demand from workers and entrepreneurs who work from home or who still have no office spaces. Often, they lease an office area or a meeting room to conduct their business meetings or a co-working space to finish their projects in an office set-up.
Terming the partnership with Workinton as “strategic”; Alfardan Properties deputy chief executive Muhibullah Mani, said there exists substantial opportunities for the sector and the appurtenant services in view of the growing entrepreneurship in the fastest growing economy.
Through its strategic collaboration with Workinton, Alfardan Properties has also signalled its intention and demonstrated its seriousness to carve a niche in the steadily growing local serviced office, co-working, virtual office, and meeting room services sector in a bid to sustain its unparalleled edge and competitive advantages in the fast-evolving modern real estate industry.
Mohamed Sleiman, chief operating officer of Alfardan Properties, said this strategy is aligned with the Qatar National Vision 2030’s key pillars of economic, social, human, and environmental developments.
“Within the context of our partnership with Workinton, we seek to help address the demand from startups and SME sector, which is the backbone of the local economy, for smaller and serviced offices by offering them our quality properties,” he said.
Alfardan Properties’ collaboration enables it to provide new options to clients instead of just leasing bigger office units alone, he added.
“Through our partnership with Alfardan Properties, Workinton has made a major step towards securing the largest share in Qatar’s expanding serviced offices model, co-working, virtual office, and meeting room services market,” said Pinar Massena, chief executive of Workinton.
Workinton offers co-working, virtual office, ready-to-use offices and meeting room services occupying over than 15,500-sqm space to more than 15,000 members and over 2,000 companies across its 17 global business centres.
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