Better infrastructure makes Lusail attractive for offices :

Better infrastructure makes Lusail attractive for offices


Better infrastructure makes Lusail attractive for offices
 13 May 2021 - 5:39
By Deepak John | The Peninsula
Lusail Marina District has overtaken West Bay as the location of choice for most companies seeking new office space.
Occupiers are being attracted to Lusail by the improved access, infrastructure provisions, car parking availability, rental prices, and the number of government entities locating in the area, according to real estate consultant, Cushman and Wakefield Qatar (CWQ).
Grade A office supply in Lusail has now surpassed 600,000 sqm with Hermas Business Park the latest significant development on offer to the market, according to the report. Occupancy rates are currently relatively low due the sharp rise in new supply; however, CWQ’s first-quarter report about Qatar’s real estate sector expects a trend in occupiers moving to Lusail in the coming years as the area matures.

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