Built-up area: 120,000 sq metres Gross leasable area: 40,000 sq metres Cost: $823.2m Completion: Q3 2016 A luxury destination inspired by an Italian piazza. The focus of the project is on high-end, unique food and beverage outlets ranging from outdoor cafes to fine dining restaurants. It will be supported by exclusive fashion retailers unique...
Given that Qatar’s demography is largely blue-collar workers, is there a big enough consumer base to justify the high-end developments being built?
The combination of high disposable income, a growing population and rising tourist arrivals makes Qatar an attractive market for retailers of all segments. On the back of real GDP growth of 3.7% in 2015, private consumption was expected to have expanded by 9.5% in 2015, according to BMI Research. This surge is projected to continue, with...
With leasable space set to double in just three years, competition for shoppers in Qatar’s retail sector is bound to tighten, necessitating new ways of drawing in customers. Malls are therefore building tailored entertainment and luxury components into their designs, from cinemas to theme parks to canals, in a bid to lure the foot traffic that...
Given increasing competition to develop regional film centres, what sort of incentives are available to filmmakers to attract them to Qatar?
Although Qatar commands a powerful position in global energy markets, it is a relatively small state. Nevertheless, the country has cultivated significant soft power over the last decade by hosting international events, stepping up to play a role in diplomatic mediation and developing itself into a regional and global media hub. In the mid-...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×