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FINANCIAL NEWS
Qatar’s real estate sector deals plunge
26 Aug 2015
(MENAFN) Going by what has been happening to global stocks since the past week, real estate investors in Qatar seem to have turned a bit hesitant, says a property market expert.
The subdued sentiment perhaps reflected on real estate transactions last week (August 16 to 20) when their total value was less than USD163.22 million. The weekly transactions are usually QR1bn on an average.
“I think Qatar’s booming real estate market has been affected a little due to what has been going on in China and elsewhere in the world,” General Manager of Roots Real Estate Company said.
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