Qatar Real Estate News
Overseas investors benefitted from stable rentals in Qatar
Overseas Property investors have benefited from stable residential rents in Qatar during the fourth quarter of 2011, as this has led to growth in property transactions and inquiries, said a new report from Asteco, leading international consultancy.
The year 2012 is unlike to see much change in scenario, Asteco said. With surplus supply, the supply-demand gap is likely to narrow down towards the end of the year.
According to Jed Wolfe, Managing Director, Asteco Qatar, the performance by Qatar real estate sector will be similar to that in 2011, with sales prices and rentals remaining comparatively flat.
Posted on 24/1/2012