Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. According to the UN, in 1950, 751m people lived in urban areas; however, by 2018 this number had risen to 4.2bn, equivalent to roughly 55% of the world’s population. By 2050 the UN estimates that this figure will rise to 68%. This...
After some years of slowing growth, Kuwait’s real estate sector saw signs of a significant revival in 2018, with sales increasing and prices stabilising. At the same time, new projects are under way, with some of the first of a number of large-scale, mixeduse developments nearing completion. Better economic growth overall, fuelled by rising...
Kuwait’s residential real estate market has long been divided into two main segments: private residential housing, which is only available to Kuwaiti and GCC citizens; and investment housing, which usually involves apartments targeted at short-term, expat renters, but is also open to GCC nationals. With expatriates making up around 70% of the...
Mexico is home to the largest urban population in Spanish-speaking Latin America, having 10 cities home to over 1m residents and over 100 cities with more than 100,000. As such, urban planning and an emphasis on sustainability and energy efficiency is necessary to ensure quality of life. Over the last decade Mexico has built itself to be a...
With infrastructure development identified as a driver for medium-term growth, construction is tipped to play a major role in the Mexican economy. The country’s potential in this area is highlighted in its ranking of 49 out of 140 countries in terms of infrastructure in the “Global Competitiveness Report 2018” published by the World Economic...
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban...
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