Kuwait Real Estate

After several years of weak performance the Kuwait construction market saw a marked rebound in 2014. Several major infrastructure developments in the transport, power and water sectors have been tendered or are in the process of being awarded. Further to this, strong economic performance and the government’s commitment to reform have sustained...

In the years following the global financial crisis, Kuwait’s real estate sector is in a position of renewed strength. The residential segment, traditionally the most robust in the market, has shown signs of growth since 2012, with public and private sector players developing new offerings that cater to rising demand for housing. High per...

Kuwait’s construction sector has witnessed significant growth over the last year, as the government has approved a number of major infrastructure and development projects across key sectors. While there are concerns that some projects may be delayed, the government has taken a number of steps to help assure players in the construction industry...

The residential real estate sector has performed well in recent years, driven by a large undersupply of homes for Kuwaiti citizens, with the state’s growing population driving up demand and prices. The Public Authority for Housing and Welfare (PAHW) has rolled out ambitious plans for over 170,000 new affordable housing units, but with delays...

Although growth in real estate slowed during the global financial crisis, the sector has rallied to become one of the best-performing non-oil industries in Kuwait. Following early recovery in 2011 and 2012, real estate growth increased considerably in 2013, driven by investment and the commercial sector’s performance, with expanding housing...