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FINANCIAL NEWS
Real estate transaction value in Qatar grows by 47pct
09 Mar 2017
(MENAFN) The real estate transactions increased to 47 percent or QR2.2bn in Feb this year compared to QR1.5bn in the same period of 2016.
Furthermore, the increase in real estate transaction was registered in second month in a row this year, while the sector is moving towards right direction.
In the first week of Feb, the sector witnessed transactions of QR955.1mn with 63 deals, while the ready buildings took the lion shares of transactions accounting 83.8 percent.
However, the value of real estate transactions declined due to lack of big deals in the second week and the number of deals dropped at 11 percent.
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