CWQ-Qatar retail market-1.5mn sqm
Gulf Times
Cushman and Wakefield Qatar (CWQ)
The total leasable area of organised retail accommodation throughout Qatar, including neighbourhood malls, has now surpassed 1.5mn sqm, according to the Cushman and Wakefield Qatar (CWQ). The overall supply in Doha’s 20 largest organised retail malls now totals over 1.3mn sqm, following the recent opening of the Galleria at Msheireb, CWQ said in a latest report. In addition to the organised retail malls, outdoor destinations including Souq Waqif, Katara Cultural Village, Medina Centrale, and La Croisette provide more than 230,000sqm of leasable space, it said. Following the lifting of most Covid-related restrictions in the fourth quarter, the retail sector performed "relatively well" in Doha in the early months of 2021, according to CWQ.
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