What impact will Oman’s young population have on the real estate sector and job creation?
What impact will Oman’s young population have on the real estate sector and job creation?
Economic expansion, a growing population and increasing interest from foreign investors are driving a strong recovery in Oman’s real estate market. After a dip caused by the global financial crisis, an initially slow revival is gaining momentum. Segments including integrated tourism complexes (ITCs) and higher-end residential and office space...
Oman’s economic revival, and the prospect of a wide range of investments over the coming years, is driving demand in the office property sector. During the economic slowdown from 2009-11, some companies downsized, and much space remains unoccupied. But rents are picking up again for the better properties.
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