Press Releases – Page 3 – Cushman & Wakefield Qatar

Press Releases

November 4, 2021

Quarterly Report Qatar Q3 2021: Hospitality Market Overview

Room revenues increase in 2021, despite ongoing challenges presented by COVID-19 The performance of the hotel real estate sector in Qatar has been impacted severely throughout the pandemic with the fall in global tourism. According to the National Tourism Council’s latest Tourism Performance Report, visitors to Qatar fell by 82% between H1 2020 and H1 […] Continue reading

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November 4, 2021

Quarterly Report Qatar Q3 2021: Residential Market Overview

Increase in residential sales as purchasers take advantage of residency permit benefits Following the introduction of Law No. 16 of 2018 to expand freehold zones, Cabinet Resolution No (28) of 2020 defined the areas where non-Qataris may own real estate. The formalising of ownership laws has resulted in an increase in demand from non-Qataris to […] Continue reading

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November 4, 2021

Quarterly Report Qatar Q3 2021: Office Market Overview

New office deals in the pipeline in Lusail and West Bay Cushman and Wakefield estimate that overall leasable office supply in Qatar is in the region of 5 million sq m, of which 49% is in West Bay, Lusail and Msheireb – Doha’s prime commercial districts. The majority of new office construction has taken place […] Continue reading

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August 18, 2021

Quarterly Report Qatar Q2 2021: Retail Market Overview

Retailer demand focused on developments with high footfall The phased easing of COVID-19 restrictions has resulted in an encouraging return to pre-lockdown footfall levels in most retail malls. While social distancing measures and reduced capacity remain a consideration, retailers in Qatar generally feel that the most challenging period is behind them, and a brighter outlook […] Continue reading

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August 18, 2021

Quarterly Report Qatar Q2 2021: Hospitality Market Overview

Delays in projected hotel openings due to COVID-19 pandemic The total supply of hotel keys in Qatar reached 28,300 by the start of 2021, which represented an annual increase of 1,200 keys. There are approximately 20,000 hotel keys under construction and expected to be completed by mid-2022. The delivery of hotel keys has been lower […] Continue reading

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August 18, 2021

Quarterly Report Qatar Q2 2021: Residential Market Overview

Occupancy rates climb in prime locations as residents capitalize on reduced rents Demand for apartments in locations like The Pearl-Qatar, West Bay, and Lusail’s Marina District surged in recent months as residents take advantage of the more affordable rental levels in these areas. In addition, our research shows that residential tenants increasingly prioritise their rental […] Continue reading

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