Following the 2022 FIFA World Cup, Qatar's real estate market grapples with oversupply, declining rents, and falling demand. A new report by Knight Frank reveals a complex landscape with both struggles and promise.
Qatar s housing market faces big challenges with fall in demand for residential properties coupled with a rise in supply following the Fifa World Cup 2022 construction boom, said an expert, adding the residential sales deals plunged 36% over last year.
Qatar s housing market faces big challenges with fall in demand for residential properties coupled with a rise in supply following the Fifa World Cup 2022 construction boom, said an expert, adding the residential sales deals plunged 36% over last year.
Prime office rents in Riyadh have growth by 13% over the last 12-months, fuelled in part by the looming Regional HQ Program deadline, which goes into effect in January 2024, according to global real estate consultancy, Knight Frank’s Summer 2023 Saudi Commercial Market Review.