While Mexico’s real estate market shows positive trends in a variety of segments, including residential, retail, industrial, office and tourism, overall 2018 was a challenging year for the sector. The transition of power to a new president, Andrés Manuel López Obrador, better known by his acronym AMLO, and the arrival of Claudia Sheinbaum,...
Driven by a growing middle class, rising urbanisation and some of the most attractive prices in the Mediterranean region, Tunisia’s real estate sector offers some of the best potential in North Africa. However, inflation caused by the depreciation of the Tunisian dinar over the last two years, as well as central bank interest rate hikes, have...
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...
Despite major economic headwinds in 2018, Tunisia’s construction sector looks to be on the upswing. Over the past few years increasing global oil prices coupled with the depreciation of the Tunisian dinar have seen demand for projects decrease and the cost of materials rise. Additionally, upcoming parliamentary and presidential elections in...
From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry in silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...
While real estate investment trusts (REITs), or publicly listed stock corporations that own income-generating real estate assets, have been notionally possible since the REIT Act of 2009, no asset of this type has been established. However, this is set to change as local real estate firm Ayala Land announced in April 2019 that it will raise...
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