Press Releases
February 22, 2023
Retail industry witnesses sharp growth in Q4 2022
Doha: Qatar’s retail market has witnessed a steady rise during the last quarter of 2022. This comes with several factors including the expansion and launching of many new state-of-the-art facilities, outlets, and malls including the Mall of Qatar, Doha Festival City, and Place Vendome in recent years. Ahead of FIFA World Cup Qatar 2022, the […] Continue reading
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February 22, 2023
Qatar’s hospitality sector sees strong growth in 2022
Doha: The retail market in the country has seen substantial growth with its increased supply. According to a report by Cushman & Wakefield, with the new developments coming in place, the vacant areas have gradually increased and are available to be leased with over 1.7 million sqm. The report indicates that Qatar’s main hubs including […] Continue reading
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February 19, 2023
Quarterly Report Qatar Q4 2022: Retail Market Overview
A strong increase in World Cup-related visitors results in a boost in retail and F&B spending Qatar’s newest luxury retail destination opened its doors in Q4, ahead of the FIFA World Cup. Printemps, a Parisian department store, opened its 40,000 sq m department store in the Doha Oasis development, which is also home to the […] Continue reading
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February 19, 2023
Quarterly Report Qatar Q4 2022: Hospitality Market Overview
Hotels see a major increase in Average Daily Rates during the FIFA World Cup The supply of hotel rooms in Qatar surged towards the end of 2022, as a number of new establishments opened for business in time for the FIFA 2022 World Cup. Hotels including The Fairmont, The Ned, The Chedi Katara, Raffles, Wyndham […] Continue reading
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February 19, 2023
Quarterly Report Qatar Q4 2022: Residential Market Overview
Residential rents plateaued in Q4 following strong increases throughout the year. Qatar’s residential real estate experienced unprecedented market dynamics in 2022, due to the hosting of the FIFA World Cup and the substantial but temporary requirement for housing units to accommodate visitors during the months of November and December. The spike in demand for residential […] Continue reading
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February 19, 2023
Quarterly Report Qatar Q4 2022: Office Market Overview
New office leases and renewals start to reflect the lower rents that are now available to tenants. The increase in office activity from the first three quarters continued in Q4, with a notable increase in new enquiries in 2022 from the private sector. While there were a number of new entrants to the Qatar market […] Continue reading
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