DTZ Qatar’s Agency Teams see strong increase in enquiries - Apartments and Villas For Rent In Qatar - DTZ

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September 20, 2016

DTZ Qatar’s Agency Teams see strong increase in enquiries

PRESS RELEASE

DTZ Qatar’s Agency Teams see strong increase in enquiries

 Enquiries for both residential and office accommodation shows strongest demand during year to date.

 

Doha, Qatar; 20th September 2016: Qatar’s leading global real estate company, DTZ, has reported a significant increase in enquires in both residential accommodation and office space in the month to date, compared with the same month in 2015.

The number of residential enquiries received in the month to date were up 23% compared with the same period during August and 17% compared with September 2015.

The most popular enquiry was for 2 bedroom apartments between in the QAR. 9,000 – 12,500 segment closely followed by 1 bedroom apartments. The preference was for furnished apartment accommodation.

The most popular search in the villa market was for 4 bedrooms within a compound on an unfurnished basis.

There was also a surge in enquiries for office space, predominantly from the private sector, with 250sqm – 500sqm the most searched sizes.

Edd Brookes, General Manager of DTZ, commented: “whilst we would normally expect a busy September following a relatively long summer season, the volume of enquiries being significantly higher than the same period during 2015 is surprising. Whilst there is an element of tenant churn this time of year, it is good to see that a large portion of the residential demand is from expats moving to Qatar for the first time.”

The prime residential market had shown signs of softening in June however Brookes puts this down to seasonal fluctuations as well as the effects of a number of well publicised bouts of corporate restructuring exercises.

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About DTZ Qatar:

DTZ Qatar is a member of the global real estate services business, Cushman & Wakefield.  DTZ Qatar brings international best practice and local expertise to the market. With a long standing track record in the Qatari market, our aim is to play an integral role in the country’s vision of sustainable growth.

DTZ Qatar operates to international best practice standards, providing consistent and responsible service to our clients. Our offering includes: residential agency; commercial agency; property and facility management; consultancy and research; valuation; and local and global investment opportunities. For more information please visit: www.dtzqatar.com or visit our Facebook page at https://www.facebook.com/DTZQatar.

 

About Cushman & Wakefield:

In December 2015, DTZ completed its merger with Cushman & Wakefield and except in Qatar and a few other territories the combined business will now trade as Cushman & Wakefield.  The firm is a global leader in commercial real estate services providing occupiers, tenants and investors around the world with a full spectrum of property solutions. Our core capabilities include agency leasing, tenant representation, corporate and global occupier services, property management, facilities management, facilities services, capital markets, investment and asset management, valuation, building consultancy, research, consulting, and project and development management. Cushman & Wakefield manages 3.3 billion square feet and $63 billion in transaction volume globally on behalf of institutional, corporate, government and private clients. Our more than 28,000 employees operate across more than 260 offices in more than 50 countries and proudly represent Cushman & Wakefield culture of excellence, client advocacy, integrity and collaboration.

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