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FINANCIAL NEWS
Real estate sector posts 81% growth in Qatar
25 Jul 2013
(MENAFN) Qatar’s real estate sector is expected to witness recovery as reports showed 81 percent growth attributed to increasing value of transactions, reported The Peninsula Qatar.
The total value of transactions reached over USD329.2 million in the second week of July, compared to around USD184 million in the previous week, in which USD143.7 million came from three big deals in Al Rayyan Municipality.
It’s worth mentioning that 68.5 percent of the consolidated transactions value mainly came from plots sales, which forecasts an increase in the real state market.
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