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Doha: With the recovery of regional ties, the confirmation of the COVID-19 vaccine and the hosting of the 2030 Asian Games, market sentiment in Qatar is reaching new highs, KPMG said in its latest report. For the real estate market in Qatar in 2021? '.

 

According to the study, with the potential for organizational real estate concepts such as deregulation, positive regulatory changes, and real estate investment trust (REIT), the state of Qatar is poised to see an influx of investors. With more opportunities in the market and an increase in the influx of white-collar workforce, the demand for residential housing in the next short and medium term is likely to increase positively, making this sector highly desirable.

 

Qatar is also experiencing state real estate deals. Over the past six months, the value of real estate transactions has surpassed QR15bn, which is quite encouraging, especially with the arrival of new real estate products in the form of integrated cities and a host of entertainment offers.

 

addhunters receive significant interest from our project buyers as well as investors. KPMG also said that Qatar is moving from a rental real estate market to a capital (sales) based economy as Qatar opens its real estate market to foreigners and offers permanent residency to buyers.Buy Apartments | Find in Lusail | Buy properties in Qatar

 

There is a high demand for storage facilities in Qatar, starting primarily from the manufacturing and supply chain. The Qatar Free Zonal Authority can be seen attracting significant investments from around the world to start businesses in Qatar.

 

Identify a strategy with deep and lasting implications for real estate investment and development. However, Qatar needs to further develop strong economic principles that will help sustain growth in the long run. With the return of confidence to the market and a series of fundamental shifts in the industry, political stability and unity in the region will remain Qatar's largest growth drive and Qatar will become a major beneficiary of the real estate market.

 

In addition, Qatar's Digital Transformation Agenda has paved the way for e - commerce and technology companies to enter the Qatari market. The Qatari government has given permission to Microsoft to build a public cloud data center in the country. With this news, Google followed suit by announcing a Google cloud feature for Doha.

 

The year 2020 was for remote work. The concept of addhunters work from home (WFH) has changed the way businesses operate today. While many corporate companies can be seen adopting and embracing this concept, KPMG believes that the dynamic / hybrid workplace model will become a new general post-epidemic. With a greater focus on flexibility and safety, Future Office will promote employee health benefits and provide opportunities for new ways of building cooperation and relationships.