Press Releases
August 8, 2023
Quarterly Report Qatar Q2 2023: Retail Market Overview
Retail rents and occupancy are under pressure despite increases in retail spending. According to Oxford Economics, the total nominal retail sales in Qatar in 2022 was approx. QAR 53.6 bn, the highest recorded rate since 2018, albeit with sales impacted by COVID-19 in the intervening period. When compared to pre-COVID sales figures, the World Cup […] Continue reading
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August 8, 2023
Quarterly Report Qatar Q2 2023: Hospitality Market Overview
A significant increase in tourist arrivals in 2023 helps support hotel performance. Qatar has seen the significant developments in the hotel sector with the total supply of rooms increasing by more than 8,000 over the past 18 months. The total supply of hotel rooms in Qatar has now reached more than 38,000 and is expected […] Continue reading
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August 8, 2023
Quarterly Report Qatar Q2 2023: Residential Market Overview
Apartment rents reduce to the levels seen prior to the World Cup-related spike in demand. The second quarter of the year saw a significant fall in most apartment rents and a return to the levels seen before the escalation in rents created by the FIFA World Cup. The addition of new apartment supply in recent […] Continue reading
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August 8, 2023
Quarterly Report Qatar Q2 2023: Office Market Overview
Private sector growth is required to increase office demand and reduce current vacancy rates Leasing activity in the commercial office sector in Doha has been subdued throughout the first half 2023 following a post-COVID recovery in activity in 2022. The most significant announcement in recent […] Continue reading
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August 3, 2023
Apartment rents reduce to levels prior to World Cup
Johnny Archer, Director, Consulting & Research at Cushman & Wakefield Qatar Doha, Qatar: The second quarter (Q2) of the year saw a significant fall in most apartment rents and a return to the levels seen before the escalation in rents created by the FIFA World Cup, Cushman & Wakefield said in its Q2 2023 Real Estate […] Continue reading
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August 3, 2023
Apartment rents plummet in Q2 2023 to pre-World Cup levels
Johnny Archer, head of Consulting & Research at Cushman & Wakefield Qatar. PICTURE: Shaji Kayamkulam. Apartment rents in Qatar have returned to or even below pre-World Cup levels in the second quarter of the year, according to Cushman & Wakefield Qatar’s ‘Q2 Real Estate Market Review’. The 2022 FIFA World Cup commanded a spike in […] Continue reading
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