The Al -Asmakh Real Estate Projects report said: The real estate sector is witnessing a calm during the holy month of Ramadan. The report pointed out that the real estate asset management companies and real estate investors will arrange their papers during the holy month, and to capture some breaths as a result of the fluctuations that accompanied them as a result of the increase in the supply in some areas, which results in corrective operations in the values of leasing.
The report indicated that despite the calm that will affect the real estate sector and the low sales and purchases, the leasing values maintain their levels in many regions supported by the offers provided by the owner and real estate asset management companies.
The report added: Most of the work of real estate development companies or real estate asset management companies during the holy month will be limited to ending old businesses and reviewing and completing previous deals, in addition to seizing investment opportunities.
The “Al -Asmakh” report said: Many investors believe that the current time is an appropriate opportunity to choose appropriate real estate investment opportunities, whether for purchase or investment in leasing, especially for real estate investment projects.
Pointing out that the second half of this year will witness a good movement in the sales and purchases, especially in the areas of the right to use or free ownership of non -Qataris.
Pointing out that any increase that will take place in the real estate sector sales index will be a great catalyst for an expected activity for the sector, especially since the Qatari economy is strong and coherent and that the real estate sector is considered one of the safe sectors in investment.
The “Al -Asmakh” report continued: that the values of real estate deals witnessed a high performance compared to the previous week, according to the recent data issued by the Real Estate Registration Department in the Ministry of Justice for the week extending from “23 to 27 February last”, where the number of real estate deals (108) recorded deals, and the report pointed out that the values of real estate trading reached about 375.4 million riyals, and the report indicated that the municipalities Large activities in transactions.