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Qatar Real Estate News

New code for construction sector likely by 2010 -9/4/2008
A senior official at the Qatar General Organization for Standards and Metrology (QGOSM) has announced a QATARI code for the construction sector, which is expected to be issued by the year 2010.

Ashghal mandates new construction rules for safety and quality of buildings -5/4/2008
Safety and Quality assurance will be the prime focus of Ashghal, the Public Works Authority in Qatar, as the Quality Specification guidelines have been updated.

QNB, First Qatar to offer good mortgage deals to Pearl Qatar buyers -5/4/2008
Qatar National Bank (QNB), together with First Qatar Real Estate Development Company (First Qatar) has entered into a deal to offer mortgage finance to potential buyers of the luxurious homes at Pearl-Qatar.

Barwa Real Estate Company has announced plans that it is likely to set- up of five new companies -5/4/2008
Barwa Real Estate Company has announced plans that it is likely to set-up of five new companies.

Qatar to see more intelligent buildings -1/4/2008
Real estate developers and hospitality sector in Qatar are likely to come up with smarter buildings, better-called as intelligent buildings, reports The Gulf Times.

Switch-off for a Greener Qatar -28/3/2008
The Qatar Today Green Awards, together with Qatar Foundation has requested residents in Qatar to turn off their lights for an hour between 8pm and 9pm on 29th March 2008.

Sweet Homes unveils its Qatar office -28/3/2008
In a bid to attract more Qatar-based customers to invest in projects in UAE, the leading UAE-based developer and multi-service provider, Sweet Homes, has announced the launch of its office in Qatar, which would serve as a hub for its expanding business operations.

Barwa, Hochtief, sign deal to develop Barwa Commercial Avenue -25/3/2008
Barwa Real Estate Company has entered into a deal with Hochtief, the largest international construction provider in Germany, to begin the construction works of its Barwa Commercial Avenue Development.

ACI Real Estate aims Qatar realty market -22/3/2008
The German developer, ACI Real Estate, whose projects are being promoted by renowned sports icons Michael Schumacher and Boris Becker, is now planning expansion of its Dh10bn Gulf business, to generate better returns.

Sabban Towers to be ready by July 2008 -22/3/2008
The designing of the Sabban Towers project at The Pearl Qatar, has been completed by Sabban Property Investments (SPI) this week.

Ashghal initiates stabilization of raw material prices -15/3/2008
The Public Works Authority in Qatar, Ashghal, has announced its deal with four national Companies, in order to stabilize the raw material prices for its projects.

High-end property market in Qatar continues to thrive -8/3/2008
Despite increasing prices of construction materials and housing rents, the high-end property market in Qatar is thriving, says the Manager of a German-based realty company.

Numerous investors drawn towards The Land properties at Q-REX -8/3/2008
The GCC realty sector, particularly that in Qatar, is all set to grow immensely during the coming years, with the economic boom being witnessed in the region, revealed a top official of The Land Holdings.

Durat Al Doha signs deal for sale of Imperial Towers -8/3/2008
A leading real estate developer, Durat Al Doha, has entered into a deal with Trend Capital, a German realty fund, to sell one of the five Imperial Towers at the Pearl Qatar, on a turnkey project basis.

Huge disposable incomes prompts residents to explore more in realty sector -8/3/2008
Large disposable incomes among GCC residents have encouraged them to explore fresh avenues for investments in realty sector, says a property consultant at the Qatar International Property & Investment Exhibition.

Decision to freeze rents may cut inflation by 40% -8/3/2008
The decision by Qatar to freeze rent increase may help in reducing inflation in the state by nearly 40%, according to the National Bank of Abu Dhabi (NBAD).

Qatar Real Estate and Investment Exhibition (Q-REX) commences today -4/3/2008
The Qatar Real Estate and Investment Exhibition (Q-REX) was unveiled today at the New Qatar International Exhibition Center.

Asteco announces special mortgage offer for buyers of danatQatar -4/3/2008
Asteco has announced an exclusive mortgage package to buyers of danatQatar at the Qatar International Real Estate and Investment Exhibition (Q-REX), which will be open today and will run until Thursday.

Rent-hikes in Qatar sealed at 5% to 20% -4/3/2008
The Cabinet passed a decision yesterday to place a 5 to 20 percent ceiling on rent hikes, and to freeze any hike in the existing rentals, for a two-year period, beginning 15th February.

Al-Mazaya -Qatar to keep aside 50% of capital towards property development -1/3/2008
The Board of Directors of Al-Mazaya Qatar recently conducted their second meeting in order to discuss the business plans of the company.

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