With high liquidity, investment in Qatari real estate is "extremely attractive" and the market is to grow by 50% this year as the government pumps money into infrastructure and oil and gas development, leading property developer The Land said in a release.
The Land said some $120bn worth of investments will be channelled into the country over the next five years for infrastructure improvement. "Qatar is diversifying, improving its business and investment climate, and moving away from an economy that has been heavily energy dependent. As the GCC’s third largest construction market it is already addressing the need for more housing and preparing for the increase in expatriate workers and tourists. No longer a quiet backwater, Qatar’s success formula represents a wealth of opportunities for developers and investors alike," it said.
