Qatar Real Estate Tenders

Market size: Expected to reach US$534.6 billion by 2028, with a projected CAGR of 2.61%.
Key trends: Growing demand for luxury and sustainable properties, mixed-use developments, and increased international investment.
Impact of FIFA World Cup 2022: Boosted infrastructure development and short-term surge in demand, followed by a correction in prices and rents.

Government as a major player: Procures real estate for various purposes, including housing, offices, and infrastructure projects.
Transparency and efficiency: Emphasis on open tendering and electronic procurement systems.
Focus on local companies: Preferences given to Qatari firms, with specific quotas for government contracts.

Main Real Estate Products and Services Procured
Land acquisition: Government purchases land for public projects and development zones.
Property development: Construction of residential, commercial, and industrial buildings.
Facilities management: Ongoing maintenance and operation of government-owned properties.
Real estate consultancy: Services including feasibility studies, valuation, and market research.

Top Authorities for Qatar Real Estate Procurement
Ministry of Finance: Oversees government budget and expenditure, including real estate procurement.
Ashghal Public Works Authority: Responsible for infrastructure development and construction projects.
Qatar Real Estate Investment Company (QREIC): Manages government-owned real estate assets.
Supreme Committee for Delivery & Legacy (SCDL): Responsible for procurement related to FIFA World Cup infrastructure.

Top Winners of Qatar Real Estate Procurement
Local construction giants: UCC Holding, Al Jaber Engineering Group, and MIDMAC Contracting.
International companies: AECOM, Atkins, and CBRE.
Joint ventures: Combining local and international expertise to win major contracts.

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