Press Releases – Page 9 – Cushman & Wakefield Qatar

Press Releases

May 19, 2020

Google, Microsoft data centre projects to boost Qatar’s IT sector: Cushman & Wakefield

The proposed data centre projects by Google Cloud and Microsoft Azure under the Qatar Free Zones Authority (QFZA) will not only allow the public sector and private companies, especially financial services to become more efficient compared to their global peers, but will also boost Qatar’s IT sector. The high-profile move which is expected to further […] Continue reading

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May 19, 2020

‘Residential realty sector active despite Covid-19 restrictions’

The residential real estate sector is still active despite Covid-19 restrictions, according to Cushman and Wakefield Qatar (C&W). “Despite the challenges faced due to Covid-19, residential leases continued to expire, with renewals and re-locations driving activity,” C&W said, adding some residential occupiers are using this time to take advantage of the recent fall in rents […] Continue reading

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May 18, 2020

Quarterly Report Qatar Q1 2020: Retail Market Overview

Many landlords extend rent relief to their tenants as retail outlets are forced to close On March 15th, the Ministry of Commerce and Industry ordered retail malls to close, with only supermarkets and pharmacies allowed to remain open. Regulations for restaurants, cafés, and standalone shops have been gradually tightening and refining since then, with some […] Continue reading

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May 18, 2020

Quarterly Report Qatar Q1 2020: Hospitality Market Overview

Covid-19 will undoubtedly affect the industry, which is yet to be fully reflected in the statistics available According to the PSA (Planning and Statistics Authority), tourist arrivals in February 2020 exceeded those of 2019 both by air and sea. Unfortunately, the enforced government restrictions on international travel into Qatar resulted in a fall-off in arrival […] Continue reading

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May 18, 2020

Quarterly Report Qatar Q1 2020: Residential Market Overview

The residential sector is still active despite Covid19 restrictions Despite the support measures introduced by the government, employers in some industries have been forced to furlough staff, reduce salaries, or in some cases make people redundant. While no official policy has been introduced on residential rent relief, some residential landlords have started negotiating with tenants […] Continue reading

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May 18, 2020

Quarterly Report Qatar Q1 2020: Office Market Overview

The commercial office market is yet to be fully affected by Covid-19   Except for a reduction in the number of new enquiries for office accommodation since mid-March, the initial impact of Covid-19 on the commercial office market has been limited to date. That is mainly due to activity in the sector being driven by […] Continue reading

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