Qatar’s premier real estate exhibition and conference ended on a high note in March – following a 10% increase in the number of visitors for the first two days.
With over 8000 attendees confirmed within the first two days of the exhibition, Cityscape Qatar 2017, ended on a high note.
Qatar’s profile as a leading investor in global real estate projects has driven a record level of participation of both local and international exhibitors. Held over the course of 3 days, the show featured over 85 world leading real estate companies exhibiting from 25 countries including; Qatar, U.K., Turkey, Pakistan, U.A.E, Italy and Azerbaijan; and witnessed landmark deals and several new projects unveiled for the first time across the property spectrum.
The participation and the success of the show is evident of a recovery in the market. According to a report by SAK Holding Group, Qatar is still least affected by economic headwinds.
The real estate sector – according to the report – has been “wisely managed” and appetite from real estate investors has been relatively unaffected.
The resilience of Qatar is attributed to government efforts and the continued spending on major infrastructure projects – related to the FIFA World Cup 2022, a major feature at the Conference this year.
The country’s focus on tourism will play a major role in Qatar’s growing economy, with the government placing regionals tourism investment at the forefront in 2017.
For real estate experts, the World Cup is about positioning Qatar on the world stage and learning from the mistakes of past host countries when it comes to infrastructure and inventory development. This was the central theme of the panel: Exploring the world of hospitality real estate at the Cityscape Qatar Conference.
To find out more about Cityscape Qatar 2017, please visit their website here.
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Foster + Partners wins Lusail stadium bid for Qatar 2022 FIFA World Cup