Barwa forecasts soft landing for Qatar real estate market - The Peninsula Qatar:
"Qatar’s real estate market is heading to a ‘soft landing’ before taking a turnaround in post 2020, Barwa Real Estate Group CEO Salman bin Mohammed Al Mohannadi (pictured) has said. Speaking to The Peninsula here yesterday, Al Mohannadi said Barwa is forecasting a soft landing going forward. The market has been witnessing a scenario for long where the rents were far beyond reasonable. As a realistic market player, Barwa wants to play the role of a moderator in the market, he said. Al Mohannadi said the Barwa has no intention to increase rents in short term. “All of us know that that at certain point, the real estate market will face two scenarios. Either it will have to crash or will have a soft landing. In a ‘market moderator’ role we are trying to orchestrate a scenario of soft landing rather than a crash”, the Group CEO said."
'via Blog this'
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