Consolidation between property developers across the Gulf will gather momentum this year on an unprecedented scale, according to a global property services company.

'In a market in transition, companies that are competitors are figuring out where they are and which complementary skill sets they can bring together to make a stronger company,' said Blair Hagkull, the managing director of Jones Lang LaSalle. The trend towards consolidation would take hold on a scale that the region had 'never been seen before', he said yesterday on the sidelines of MEED’s Qatar Projects Conference.

The National