Cityscape Qatar Conference to present overview of country's real estate market
Delegates to the invite-only Cityscape Qatar Conference, which will run at the Doha Exhibition & Convention Centre (DECC) on October 22, will get a multi-sector overview of the country’s real estate market and expert insights into the gross yields within its residential sector.
Pawel Banach, General Manager, and Anum Hasan, Senior Market Research Analyst of ValuStrat, the region’s leading advisory, valuations, and research consulting group will deliver the overview and insights at the conference.
The two will present a comprehensive overview of the current market covering the entire property spectrum including residential, commercial, office, retail, hospitality and industrial.
They will then drill down into gross yields within the residential sector and examine the issue of leasing versus buying apartments in the context of The Pearl and Lusail.
“All sectors have different trajectories and are in different stages of development,” explained Banach.
“In every sector, there are assets that are performing better compared to the others. For example, in the residential sector apartments in prime locations are performing better in terms of occupancy, as rents in these locations have reduced to make them affordable to a larger section of the population.”
Banach says the Qatari market is now benefitting from pro-active public sector initiatives including the recently released freehold zones law, which increased the number of freehold zones, allowed non-Qataris to own a freehold property, enabled 100 percent foreign ownership and 100 percent repatriation of profits across all sectors.
One of the speakers at this year’s conference, Edd Brookes, Head of the Middle East from commercial real estate broker Cushman & Wakefield Qatar, has dubbed the local market as: “Probably one of the most stable in the region with demand slowly converging towards equilibrium, assisted in no small way by a flight to quality and more affordable property costs for occupiers.”
Brookes says the market is benefiting from positive sentiment accrued from scaled-up transport options and great ownership and income security.
The powerful Cityscape Qatar Conference has been designed for institutional investors, private, investors and semi-government officers and C-level executives from the real estate, finance, legal and associated sectors.
A combination of high-level presentations and expert panel discussion will deliberate trends impacting the market. Invites are available by registering online.
“The invite-only format underlines our policy of curating content specific to senior leadership,” explained Carlo Schembri, Exhibition Director. “It ensures delivery of a forum where invitees can network with the world’s wealthiest investors and industry professionals in Qatar and the region.”
Meanwhile, the free-to-attend Cityscape Talks series will return to the show floor of Cityscape Qatar on October 23 and 24, with a wide choice of presentations.
“Attendees will hear expert views on how to maximize their real estate investment, discuss market trends, get keen insights on which to base better-informed buying decisions and network with potential business contacts,” explained Schembri.
Cityscape Qatar, the only real estate exhibition and conference of its kind in the Gulf state, is set for a successful showing this October 22 to 24.
Qatar Living is proud to be the official online partner for CityScape Qatar for the fourth time. Just like the previous year, this year too Qatar Living will have a booth at the event.
Visitors to the Qatar Living booth will have a chance to walk away with some daily prizes and giveaways.
The event is being held under the patronage of Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Qatar’s Prime Minister and Minister of Interior.
Cityscape Qatar is sponsored by Platinum Sponsor Qetaifan Projects, and Qatari Diar Gold Exhibition Sponsor, and Strategic Sponsor Barwa.
Stay tuned to Qatar Living Properties pages to get all the updates on this year's CityScape Qatar.
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