Qatar rents are falling

Rents for compound villas and two-bedroom apartments in Qatar fell in the first quarter of this year, according to a new real estate report.

This was driven primarily by a slowdown in the country’s population growth and white-collar layoffs, DTZ said in its Property Timescommuniqué for Q1 2017.

Companies have also been looking to cut costs by providing staff with housing allowances rather instead of accommodation, it added.

 

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