What will happen to the real-estate market after Qatar’s Wold Cup ! We, hapondo , had the pleasure of attending an event about real-estate post-world cup. Below are some insights from Cushman & Wakefield Qatar * We expect 20,000 - 30,000 residential units of various types to be released to the market * Many in January 2023, but others held on longer lease terms may be filtered back over time * We expect demand to drop initially, before stabilising and increasing gradually * Residents to relocate and trade-up, taking advantage of falling rents * Projects under construction will complete, adding to an existing supply in 2023 and 2024 * Likely to be a slowdown in the commencement of new construction projects. The level of construction between 2010 and 2022 is unsustainable without significant increase in demand * In the short term, Qatar will need to digest the existing and pipeline supply * Market to stabilise and mature in the medium term #qatar #realestate #worldcup
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