File photo of the cityscape Qatar conference at the Doha Exhibition and Convention Center.
Doha: According to industry experts, Qatar’s real estate sector is taking a stronger approach to sustainability-related risks as investors demand more high-tech, environmental, social and governance (ESG) solutions. Therefore, we will undergo operational changes in the next few years.
Prior to the Cityscape Talks conference at the Doha Exhibition and Convention Center (DECC), June 20-22, Johnny Archer, Head of Consulting and Research at Qatar’s global real estate advisory firm Cushman & Wakefield, said ESG and new technologies. Is evolving this sector and will increasingly influence the way we do business.
“ESGs are playing an increasingly important role in Qatar’s real estate development. Msheireb Downtown has been developed to become a global leader in sustainability, with each building being Gold or Platinum LEED certified. The construction of new Lusail buildings also requires minimum environmental standards and LEED certification. With increasing demand for energy efficiency in real estate, ESGs can play a greater role in future development proposals across the country. There is sex, “he said.
The impact of new technologies on the market will be investigated by Eng. Aya Nafi, an architect and urban planner for Jacobs, a Qatar-based architectural and engineering company. Her presentation focuses on the future of smart homes. He believes that smart homes will undergo earthquake changes.
“I emphasize the importance of planning a smart home as a home of the future. The technological renaissance brought about by the pandemic will bring new changes in this direction and new real estate in the next five years. A concept will emerge, “she says.
In line with Qatar’s National Vision 2030, the 10th conference of the Cityscape Qatar series will be attended by speakers from both government agencies and major real estate leaders, in the pre-, mid-, post-region and regions of FIFA. Explore the current state of the local market. Impact on World Cup 2022 and its sectors.
Chris Speller, Vice President of the Cityscape Portfolio, said: Informa Markets, the organizer of the event, co-sponsors Cityscape Qatar with longtime local partner Elan Events.
“Therefore, this year’s Cityscape Talks Qatar requires post-pandemic insights and all locals that need to take into account landscape changes such as commercial offerings, tourism prospects, and hybrid work that impacts the introduction of Qatar’s investment. And essential for future strategic planning of players in the regional sector. Free zone for foreign ownership of assets. “
Cityscape Talks Qatar will also work with Fahd Abu Aisha of Regal London, one of the UK’s leading housing-led multipurpose developers, to work on foreign investment prospects and consider opportunities to include new residential areas in the eastern part of the city.
Abu Aisha said the markets in the British capital remain “resilience and robust.” He commented: “London’s asking price rose at the highest growth rate in the first quarter of 2022, six years after Brexit’s vote. According to LightMove’s monthly home price data, the average price was 7.3% a year ago. As it rose, the capital saw the largest surge in homebuyers in the UK region. The main drivers of this demand were a shortage of prime stock and rising wages, as well as lockdowns, flexible work patterns, and inflation. Savings resulting from the attractiveness of assets as hedges. “
Abu Aisha emphasizes that Regal has shown exceptional sales rates since the beginning of the year and continues to have strong demand in the London housing market. -Tele. At Cityscape Qatar 2022, Regal plans to begin new developments in Hackney’s London Fields and announce the new City of London Tower, which will hit the market in June.