Growth in trading density – a measure of turnover per sq metre of retail space – for South Africa’s larger malls has lagged behind that of smaller shopping centres, in part a reflection of the country’s slowing economy and the rapid increase in the number of dedicated retail properties.
The office segment of Sri Lanka’s property market is likely to see rising levels of activity over the next few years, as developers scramble to bridge a shortage of premium space.
How is the ministry fostering public-private partnerships (PPPs) with local private developers?
The firm building the world’s tallest skyscraper, the Jeddah Tower, overlooking the Red Sea port of Jeddah has developed a funding vehicle for the construction that is a first for Saudi Arabia. The tower will be higher than Dubai’s Burj Khalifa and will form the iconic centrepiece of Jeddah Economic City. Thanks to new regulations from Saudi...
With lower public spending and a doubling in office space expected, can commercial developments continue to attract investment?
In November 2014 a new mortgage law was introduced for loans covering residential real estate transactions in the Kingdom. This imposed a 70% loan-to-value (LTV) rule on residential mortgages.
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