Local and international pavilions to headline Cityscape Qatar
The 8th edition of Cityscape Qatar, the only real estate exhibition and conference of its kind in the country, will be inaugurated in the presence and under the Patronage of His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Qatar’s Prime Minister and Minister of Interior.
Also Read: Qatar Q3 2019 Real Estate Research
The three-day show will run at the Doha Exhibition and Convention Centre on 22nd October with exhibitors from eight nations offering up new-to-market second-home and investment opportunities as well as project unveils. Exhibitors from the Middle East, UK, Europe, Asia and North Africa will vie for buyer and investor interest with Tunisia, for the first time, mounting a dedicated country pavilion. “There’s a wide scope of ground-floor opportunities on offer from overseas developers but also a sizeable presence from the local market, including all of the biggest names and the planned launch of Qatar’s future landmark destination,” explained Carlo Schembri, Exhibition Director.
Qatari exhibitors include show partners: Qatari Diar as Gold Exhibition Sponsor, Barwa Real Estate as the Official Strategic Sponsor, and Qetaifan Projects as Platinum Exhibition Sponsor, and Parlaklar Digital Content Sponsor. Other exhibitors include Assets Real Estate, Qatar Airways, Al Shirawi Real Estate Investment Development and Ariane. The show will also host an array of project unveils including that of Qatar’s future iconic destination Qetaifan Island North which will house a mix of entertainment, residential, hospitality and retail investment opportunities. Overseas launches include Florens Lake Resort & Spa at Interlaken in Switzerland. Cityscape Qatar, which for the first time will run alongside INDEX Qatar, the only trade fair exclusively dedicated to the country’s interior design sector, is organized by Informa Markets and Elan Group.
The event will also feature a high-powered opening day conference and the highly popular Cityscape Talks series which will run on 23 and 24 October. Conference delegates will get a multi-sector overview of Qatar’s current real estate market and expert insights from ValuStrat, the region’s leading advisory, valuations and research consulting group, into the gross yields within its residential sector. The overview will cover the entire property spectrum including residential, commercial, office, retail, hospitality and industrial. The powerful conference, featuring high-level presentations and expert panel discussions, has been designed for institutional investors, private, family and semi-government officers and C-level executives from the real estate, finance, legal and associated sectors.
The free-to-attend Cityscape Talks will feature presentations covering a range of themes from maximising real estate investment, to market trends. “Cityscape Talks are a platform to learn about the opportunities available at the exhibition, enabling visitors to make more informed investment decisions,” said Schembri. “There will also be talks on key themes for real estate brokers, architects, engineers, and other professionals. Attendees will be able to exchange ideas with like-minded colleagues looking to develop their skills within their respective industries and establish closer links with the main bodies governing each professional domain.”
Cityscape Qatar 2019 is set against a backdrop of pro-active public and finance sector initiatives to spur the market. These include the recently released freehold zones law, which increased the number of freehold zones, allowed non-Qataris to own freehold property, enabled 100% foreign ownership and 100% repatriation of profits across all sectors. Qatari banks have begun offering attractive interest rates to encourage home ownership while developers are now offering payment plans over 3–5-year periods for off-plan and built properties in The Pearl and Lusail.
Read Next: Qatar Q2 2019 Real Estate Research