Two Years Real Estate Recovery in MENA, with Promising Signs in the Next 6-12 Months
- Date: 07-Oct-2020
- Source: Dubai Chronicle
- Sector:Real Estate
- Country:Middle East
Two Years Real Estate Recovery in MENA, with Promising Signs in the Next 6-12 Months
Key growth areas include warehousing, data centres, mixed use residential / commercial complexes and manufacturing plants, with FDI from MENA region and China critical
New industry survey data released by Informa Markets, organiser of Cityscape's Real Estate Summit, shows 74% of respondents anticipate recovery for the MENA region's real estate industry within one to two years, with an encouraging 32% expecting green shoots of recovery in the next six to 12 months. The first edition of this bi-annual UAE & Wider MENA Real Estate Report is due to be published on Cityscape-Intelligence.com today.
The surveyed revealed expansion of industrial and manufacturing industries is critical to both real estate
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