The Ministry of Municipality has announced the recommendations of the first Qatar Real Estate Forum 2023 resulting from panel discussions and workshops held within the forum that concluded on Monday.
The forum's participants recommended that a unified national and Gulf strategy for real estate funding be laid out and granting investors facilities to develop the real estate sector, in addition to exploring innovative housing solutions for real estate funding and free ownership for foreigners.
The recommendations stressed that the future of the real estate sector is promising in GCC states because of the geographic diversity and real estate products GCC states offer, easy access, security and tourist attractions. It was pointed out that real estate is a safe haven against inflation and financial fluctuations.
The forum called for action for successful investment in real estate sector and incorporating private developers' perspectives into internal economics management, enacting laws and setting specifications for projects, exploring solutions for challenges facing real estate funding process, in addition to establishing an authority to disseminate information for the purpose of raising awareness in the real estate sector with the deployment of smart systems to streamline procedures.
The two-day first edition of Qatar Real Estate Forum 2023 wrapped up Wednesday with the participation of 1,500 leaders, decision makers and active entities in the real estate sector at regional and international levels, along with executive directors from several real estate companies both in Qatar and abroad.
Held under the theme of 'Regulations and Legislation for an Optimal Quality of Life and a Sustainable Real Estate Industry' with the participation of 35 keynote speakers, the forum discussed a myriad of issues and topics related to real estate sector and ways to develop it, where the first edition featured 12 panel discussions and workshops, in addition to an array of accompanying events with a wide engagement of public and private sectors.
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