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Real Estate Briefing - Categorized | Emerging Trends, Middle East and Africa, Research more

Qatar: Steady progress in property sector

Posted on 09 March 2012

For Qatar’s real estate sector, 2012 is expected to be much the same as the preceding 12 months, with most forecasts projecting a year of steady progress, though there are concerns that oversupply in some segments could keep prices down in the short term as the flow of new developments more than matches current demand, Global Arab Network reports according to OBG.
A recent report by property consultancy Asteco said that while rents for residential properties had been broadly stable in the last quarter of 2011, there had been a healthy increase in the number of transactions and enquiries, a trend it expected to continue into the new year………………………………………..Full Article: Source


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