Qatar seeks to curb commercial rent increases

Qatar’s Advisory Council is seeking to reduce the annual percentage increase in rent allowed for shops and other commercial spaces.

The council, during its meeting this week, recommended that the government should reduce the fixed percentage amount that commercial property owners are allowed to increase rent each year, according the Qatar News Agency.

The council has also asked that state-owned companies that own real estate should also review its rent and sign new tenancy agreements at reduced rates.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
The waiting game: Abu Dhabi's property market

The waiting game: Abu Dhabi's property market

It is rare for an emerging market capital city to experience...

Is Gulf developers' love of London set to cost them a lot more?

Is Gulf developers' love of London set to cost them a lot more?

Controversial changes to property planning legislation in the...

1
Making a splash: Qatar's Al Bandary Real Estate

Making a splash: Qatar's Al Bandary Real Estate

It may not be a household name but Al Bandary Real Estate’s new...

Most Discussed
sponsoredTracking