Qatar Real Estate Report 2015
BMI View: Buoyed by a strong economy, the outlook for Qatar's real estate sector is bright. The prospectsfor the retail sector in particular are positive, with rising incomes, affluence and spending supportingretailer demand for new space. New malls that are opening should provide retailers with high quality spaceand provide consumers with a more enjoyable and convenient shopping experience. The office sector too islikely to see further growth in the medium term and new buildings under construction should provideoccupiers with Grade A space and command higher rents. Overall, we expect Infrastructure andconstruction projects in the run up to the FIFA World Cup in 2022 to benefit all three real estate sectors.
Qatar's economy is set to see strong growth in the medium term. An affluent population, rising privateconsumption, major infrastructure investment, growth in non-oil sectors and an expanding constructionsector will all contribute to the economic performance over the next several years, with GDP forecast toincrease by 5.8% per annum on average over the period 2015-19.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook