Press Releases

July 22, 2020

Quarterly Report Qatar Q2 2020: Retail Market Overview

Some landlords continue extending rent relief to their tenants as retail outlets start to re-open The COVID-19 pandemic had an immediate and severe impact on the retail real estate sector in Qatar in Q2. At the beginning of the quarter, most retail outlets were closed, with only supermarkets and pharmacies allowed to operate. By May, […] Continue reading

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July 22, 2020

Quarterly Report Qatar Q2 2020: Hospitality Market Overview

The COVID-19 outbreak has severely impacted the hospitality sector with the majority of business suspended for the duration of Q2 According to the Planning and Statistics Authority (PSA), YTD tourist arrivals (by air) in May 2020 showed a 49% decline compared to 2019, due to the enforced government restrictions on international travel into Qatar. YTD […] Continue reading

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July 22, 2020

Quarterly Report Qatar Q2 2020: Residential Market Overview

The residential sector is still active despite COVID-19 restrictions Based on statistics released by the Planning and Statistics Authority, the overall number and value of residential sales in April and May fell by approximately 61% on the equivalent period last year, while the average deal value only dropped by 2%. While official figures for June […] Continue reading

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July 22, 2020

Quarterly Report Qatar Q2 2020: Office Market Overview

The commercial office market is yet to feel the full impact of the pandemic At the end of Q2, prime office supply across West Bay, Lusail, and Msheireb reached 2.3 million square meters, an increase of almost 15% since the beginning of 2019, with occupancy rates in the region of 70%. Relative to the initial […] Continue reading

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