Find in the news:
BY COUNTRY

Qatar set to add one million square meters of retail space with new shopping centers



The expected addition will change the retail market dynamics of Qatar dramatically.

Qatar retail

This massive amount of retail space is due to be added to the market during 2015 and 2016.

According to DTZ Research, the retail market in Qatar is pushed by the high disposable income levels.  During 2013, the estimates from the World Bank indicated per capita GDP had reached $136727.  This is the highest global level of disposable income per capita.

This increased spending power has seen a massive increase in demand for retail space from local and international retailers.  The current occupancy levels within the main shopping centers are at an all-time high.

The retail market is usually divided between souq retail, high street showrooms and organized retail centers.  The City Center and Villagio malls currently dominate the organized retail market.  At present, the overall supply stands at around 590000m² within 13 shopping malls.

Retail rentals have remained stable over the past few years, with prime retail mall rentals varying from location and unit size.  Primary mall rentals vary between QR220 and QR250 per square meter per month for medium-sized units.  Anchor stores secure rentals between QR40 and QR80 per square meter per month.

The addition of Barwa Commercial Avenue has provided good quality facilities in the showroom retail market.  It has added an additional 250000m² of showroom space, which is about 25% of the overall available stock.  According to DTZ, around 70% of the retail units have already been reserved by retailers.  

The amount of retail space in Doha has been increased by Medina Central on The Pearl-Qatar.  It offers around 65000sqm of commercial space.

Related shopping malls and stores:

More about shopping malls in Qatar



YESTERDAY, United Kingdom:
Designed by Ralph Appelbaum Associates, the space focuses on an exceptional Lavazza product experience.
YESTERDAY, Singapore:
The store will be located in Junction 8 mall.
DAY BEFORE YESTERDAY, Australia:
South Korean conglomerate Lotte has won the tender.
DAY BEFORE YESTERDAY, USA:
Nike sued the Canadian brand Lululemon, demanding compensation for losses incurred for patent infringement.
Jan 31, 2023, USA:
McDonald's expects to open 1,900 new restaurants in 2023.
Jan 31, 2023, USA:
The retailer continues to take steps to save the business.
Friend
and Follow
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
Optimum Outlet GLA:421 127 SF
ADDRESS: ve Eglence Merkezi | Istiklal Sokak No.2/B Yenisahra/Atasehir
Turkey . Istanbul
Optimum Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us