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FINANCIAL NEWS
GCC real estate markets to recover in 2yrs
16 Apr 2010
(MENAFN) Two separate reports issued by Jones Lang LaSalle and Colliers International showed that most investors expect the Gulf property market to see prices going up moderately over the next two years, Khaleej Times reported.
Market analysts cited growing signs of maturity and greater market stability in the Gulf and the Middle East.
Colliers International’s Global Investor Sentiment survey suggested that GCC property markets showed signs of recovery and were expected to recover slowly but surely in 2010-2011. While Jones Lang LaSalle said that investor sentiment in real estate markets across the Middle East region has stabilized over the past six months.
According to the Jones Lang LaSalle report, Institutional investors ranked Dubai in the first place as the city was top ranked in 10 of the 13 criteria of city competitiveness in the MENA region. Abu Dhabi topped the other 3 out of 13. Collectively therefore the UAE scored highest in all categories of City competitiveness.
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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