Construction

Real estate has long been a mainstay of Kuwait’s non-oil economy. In 2014 real estate and construction services together accounted for 10.6% of non-oil GDP, according to the IMF. Although a range of factors, including lower oil prices, have affected growth projections across the GCC, Kuwait’s real estate sector is particularly well-poised to...

Recent developments in Nigeria’s cement industry bode well for the construction sector moving forward. Indeed, capacity expansion and greater competition should help drive down prices in a market that remains comparatively expensive.

As the continent’s most populous nation and arguably its biggest economy, Nigeria offers a lot of potential for construction firms – particularly given the significant need for infrastructure work, from housing to roads. However, meeting this demand will require overcoming a number of obstacles, ranging from cash flow issues and payment delays...

Which regulatory changes could support efforts to create an enabling environment for real estate development?

The property market in Africa’s most populous nation is defined by significant long-term potential, but realising that potential for developers is not necessarily simple. A drop in the price of oil, a lack of foreign exchange and a depreciating currency are all combining to slow the economy, in turn stifling demand for both residential and...

The retail real estate sector is fast becoming one of the most intriguing property segments within Indonesia as the industry continues its evolution away from traditional markets and towards modern retail outlets. The increasingly affluent and globally minded population is creating growing demand for contemporary shopping experiences....