The real estate market in Qatar continues to prosper with the massive growth occurring in the tail end of 2014. As we look into 2015 our positive outlook for the economy over 2015 supports our view that investment will remain strong in the real estate sect, which should only increase in the longer term as the country a boost in real estate expenditure as it prepares for the world cup in 2022.
While Qatar's real estate sectors falls in the shadow of some its more prosperous neighbours such as UAE, developments such as the 2020 world cup and 2030 vision programme auger well for the real estate market in Qatar. For the most part commercial real estate in Qatar relate to its main cities Al Khor Al Wakra and Doha, however there has been significant plans from the Qatar government to improve real estate in other areas of the country. Forexample, they plan to spend 45BnUSD on real estate development in Lusail city.
Full Report Details at
- http://www.fastmr.com/prod/900758_qatar_real_estate_report_q1_2015.aspx?afid=301
In term of its actual population Qatar is quite small recording just over 2mn people last year. However the population is incredibly wealthy and in terms of per capita income it is one of the richest countries in the world. The affluent nature of the population along with a growing tourist sector has seen a growth in demand for modern retail facilities, particularly for luxury good outlets. This has led to the development to many shopping malls including mall Qatar which will open in 2015 at a cost of 84mn USD. This demand for retail properties will more than likely continue in the mid to long term and it should remain the fastest growing of all real estate sub sectors.
Along with the ongoing infrastructure developments in preparation for the World Cup, the vision 2030 project should result in a large growth for commercial real estate going forward especially in the key commercial regions such as Doha. Doha has now become a key financial hub in the Gulf and this has seen a surge in demand for commercial office space in the city. The office...
The Qatar Real Estate Report features Business Monitor International (BMI)'s market assessment and independent forecasts of major construction projects in the residential and commercial markets, plus rental prices and yields in major cities. The report critically analyses the prospects for real estate within the broader economic and financial context - both domestic and global - via our econometrically-modelled and clearly explained banking and economic forecasts and follows this through to evaluate the implications for REITs.
BMI's Qatar Real Estate Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the real estate industry in Qatar.
Key Benefits
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
- Australia Real Estate Report Q1 2015
- France Real Estate Report Q1 2015
- Croatia Real Estate Report Q1 2015
- Brazil Real Estate Report Q1 2015
- Bahrain Real Estate Report Q1 2015
New Report Available: Qatar Real Estate Report Q1 2015
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001