Press Releases
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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August 18, 2021
Quarterly Report Qatar Q2 2021: Office Market Overview
Activity remains sluggish as corporate occupiers take time before committing to new office leases New leasing activity in the commercial office sector has remained slow in Q2, with many corporate occupiers taking their time in committing to new leases. One of the most notable tenancies in recent months saw Lusail University acquire an entire building […] Continue reading
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May 10, 2021
Quarterly Report Qatar Q1 2021: Retail Market Overview
New demand for retail space remains low due to the ongoing lockdown measures Following the lifting of most COVID-related restrictions in Q4, the retail sector performed relatively well in Doha in the early months of 2021; however, following an increase in cases throughout March, it is anticipated that the government may re-introduce some restrictions in […] Continue reading
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May 10, 2021
Quarterly Report Qatar Q1 2021: Hospitality Market Overview
Occupancy rates continue to feel the effect of COVID-19 restrictions on travel Last year, Qatar’s tourism sector enjoyed a solid start to the year with a 33% increase in y/y performance in January and February; however, the industry was significantly damaged by the onset of the COVID-19 pandemic in March. A 73% decline in visitor […] Continue reading
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May 10, 2021
Quarterly Report Qatar Q1 2021: Residential Market Overview
Individual serviced residential land plots dominate sales activity Residential sales continue to dominate the real estate market in Q1. Vacant land plots accounting for 53% of sales activity, while private residences account for 40% of transactions. Recent amendments to real estate ownership laws have boosted residential investment sales, particularly in Lusail, with freehold interests in […] Continue reading
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