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FINANCIAL NEWS
Bahrain’s real estate market stabilizes: CBRE
23 Apr 2013
(MENAFN) CB Richard Ellis stated that the real estate market in Bahrain has stabilized in most regions, reported Arabian Business.
CBRE said that the ongoing political instability is still restraining a complete recovery.
It added that for a number of consecutive quarters, residential rental rate have hit their lowest point, and have been stable at these levels.
Meanwhile, sales prices grew by 10 percent over the past six months in Riffa Views, according to mortgage lenders, who added that unit prices in the area have now increased by almost 20 percent compared to 2011.
It is worth noting that the total value of real estate deals surged by 46 percent in the Kingdom last year from 2011.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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