Press Releases – Page 3 – Cushman & Wakefield Qatar

Press Releases

November 19, 2023

Quarterly Report Qatar Q3 2023: Retail Market Overview

Reduced demand from retailers leads to increasing rental incentives from landlords Qatar’s retail real estate sector has experienced a significant increase supply over the past eight years. While this has led to an enhanced retail offering to shoppers, rents have been falling in most retail sectors due to competition within the market to attract retailers. Cushman […] Continue reading

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November 19, 2023

Quarterly Report Qatar Q3 2023: Hospitality Market Overview

Strong increase in tourist arrivals evident since the start of the year is supporting occupancy rates   According to statistics released by the Planning and Statistics Authority (PSA), visitor arrivals to Qatar have soared in 2023. By September, 2.46 million people arrived in Qatar, which represented a 140% increase on the same period in 2022. Visitor arrivals […] Continue reading

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November 19, 2023

Quarterly Report Qatar Q3 2023: Residential Market Overview

Increased demand for apartments in Lusail over recent months   After a fall in apartment rental rates throughout Qatar in Q2, some sectors have stabilized, with an increase in demand over recent months. Reduced rent, coupled with rent-free incentives saw an increase in demand for apartments in The Pearl Qatar and Lusail in August and September, […] Continue reading

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November 19, 2023

Quarterly Report Qatar Q3 2023: Office Market Overview

Increasing focus on sustainability and retrofitting of older buildings Leasing activity was quiet in the commercial office sector during the summer months, with overall take-up for the year lagging behind 2022. We expect activity in the short term to be dominated by the public sector, with a number of proposals for Grade A space currently under discussion. The […] Continue reading

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August 8, 2023

Quarterly Report Qatar Q2 2023: Retail Market Overview

Retail rents and occupancy are under pressure despite increases in retail spending. According to Oxford Economics, the total nominal retail sales in Qatar in 2022 was approx. QAR 53.6 bn, the highest recorded rate since 2018, albeit with sales impacted by COVID-19 in the intervening period. When compared to pre-COVID sales figures, the World Cup […] Continue reading

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August 8, 2023

Quarterly Report Qatar Q2 2023: Hospitality Market Overview

A significant increase in tourist arrivals in 2023 helps support hotel performance. Qatar has seen the significant developments in the hotel sector with the total supply of rooms increasing by more than 8,000 over the past 18 months. The total supply of hotel rooms in Qatar has now reached more than 38,000 and is expected […] Continue reading

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