Press Releases
May 17, 2023
Lusail set to become de facto financial district of Qatar: CWQ
Lusail downtown could potentially become Qatar’s de facto financial district in the future, according to Cushman and Wakefield Qatar (CWQ). Highlighting that financial sector companies have started committing to Lusail relocations; CWQ said office activity in 2022 was driven by the government sector and the oil and gas sector. Most activity over the past 12 […] Continue reading
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May 17, 2023
Quarterly Report Qatar Q1 2023: Retail Market Overview
Retail rents continue to fall as new supply puts pressure on occupancy levels Cushman and Wakefield’s research shows that Qatar’s organised retail malls provide more than 1.7 million sq m of leasable floor space (excluding supermarket buildings with ancillary units). This is supplemented by more than 400,000 sq m of leasable space in ‘outdoor’ retail/F&B […] Continue reading
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May 17, 2023
Quarterly Report Qatar Q1 2023: Hospitality Market Overview
Boost in tourist arrival numbers in January and February supports the expanding hotel sector The supply of hotel rooms has continued to increase in Qatar over the first three months of 2023, with more than 700 keys added to the market between January and March. This followed an unprecedented boost in room numbers in 2022, […] Continue reading
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May 17, 2023
Quarterly Report Qatar Q1 2023: Office Market Overview
Financial sector companies start committing to Lusail relocations Following a COVID-19-related downturn in office activity in 2020 and 2021, office leasing transactions increased significantly in 2022; however, leasing activity has been relatively subdued in the first quarter of 2023. Office activity in 2022 was driven by the government sector and the oil and gas sector. […] Continue reading
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May 17, 2023
Quarterly Report Qatar Q1 2023: Residential Market Overview
Apartment rents start to fall in February and March, following the strong increases in 2022 Hosting the FIFA World Cup in 2022 resulted in a temporary shortage of available accommodation in Qatar over the past year, which saw rents spike throughout the market – particularly in the apartment sector. The early months of 2023 have […] Continue reading
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February 26, 2023
FIFA World Cup 2022 bolsters residential market in Qatar
The residential sector in the country witnessed a huge boom during the fourth quarter of 2022 mainly due to the mega tournament hosted in November and December. The demand for housing properties spiked last year in addition to the supplements of hotel accommodation, the rents in Qatar witnessed a steady growth during and after the […] Continue reading
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