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Wealth funds of gas-rich Qatar are likely to make further global real estate investments as prices in countries such as Germany decline, Jones Lang LaSalle said in a report today. The funds “are likely to be emerging as the new powerhouse in terms of global real estate capital flows in 2010,” Fadi Moussalli, regional director […]

Qatar property firms to merge

Barwa Real Estate, Qatar’s second-largest developer, agreed to buy Qatar Real Estate Investment Co as the slump in real estate prices in the region quickens the pace of mergers in the industry. ‘This transaction will create a company with significant scale and depth across all real estate segments and which will continue to play a […]

The property sector in the Gulf will continue to face difficulties this year, with the UAE and Qatar likely to be hit particularly hard by the knock-on effects of the global financial crisis, according to the ratings agency Moody’s Investors Service. “We believe that the developed GCC real estate markets will be affected the most […]