Qatar Real Estate Q3 2019
Commercial rent in the Doha office and industrial sub-sectors is witnessing decline, attributed to challenging operatingconditions as demand dwindles and supply rises. Rent for retail properties has remained fairly buoyant due to some good demandfor prime spaces, with a slight decrease in Doha. Al Wakra and Al Khor have seen minimal demand and development activity,keeping rent stable in the retail sector. The economy has now adjusted itself and continues to grow despite the sanctions from itsneighbours and oversupply is mainly to blame for the downward trend. A similar outlook is expected for 2019, with added downwardpressure in Doha due to higher supply.
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