The number of transactions and enquiries is expected to continue rising in 2012 with the supply/demand gap narrowing.
Qatar’s economy continues to see positive growth and is expected to continue to do so as the country benefits from infrastructure spending in advance of the 2022 World Cup.
Despite the turmoil witnessed in global markets over the past 3-4 years, the emerging markets of Africa and the Middle East continue to offer opportunities of development and economic improvement.
While there is currently a significant over-supply of upscale or luxury housing in many markets, there remains a shortage of more than 3.5 million affordable dwellings across the major markets within MENA.
Now in its fifth year, the annual Macdonald & Company Middle East Rewards and Attitudes Survey is still the most comprehensive survey of its type undertaken for the property sector in the Middle East.
The days of ‘mega-malls’ are long gone and a customer-centric approach is key to a competitive, profitable mall of the future, say industry experts.
The outlook for a number of real estate markets in the Middle East and North Africa remains clouded by the continuing political, economic and social impacts associated with the ‘Arab Spring’.
Diversification and the expansion of the services sector, funded by Qatar’s hydrocarbon wealth, will continue to provide opportunities for growth.
Qatar continues to benefit from strong economic performance driven by expansion in the production and sales from the hydrocarbon sector.
Momentum is building among corporate occupiers at both the global and European levels.
During the boom years, real estate developers in the Middle East catered to people with high-end tastes. But as the elite market has reached a saturation point, developers have shifted their focus to affordable housing.
While the global economies cautiously stepped onto the road to recovery in the second half of 2011, current unrest in certain parts of the Middle East and soaring oil prices are posing new questions about future hotel performance.
19 February
Top ranked emerging markets for global retail expansion, revealed by A.T. Kearney
The announcement that the 2022 FIFA World Cup will be held in Qatar has had significant impact on the country as it prepares to host one of the most anticipated sporting events in the world.
During 2010 London’s West End overtook Tokyo as the most expensive location in the world in which to rent office space.
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