The National Infrastructure Master Plan outlines a strategy to develop the infrastructure necessary for Gabon to establish itself as an emerging global economy by 2025. Gabon’s master plan was drawn up by US-based engineering, construction and management firm Bechtel, which brought its experience in national infrastructure planning to bear on...
The construction industry has driven much of the country’s economic expansion since 2010. This trend is set to continue from 2012-13 as Gabon makes a push to improve its national infrastructure. Activity is increasing for foreign companies, which have a critical technical and strategic role to play in ongoing and current construction projects,...
Demand for housing continues to rise at all levels of Gabon’s real estate sector, but the high-end housing market has primarily driven growth. Gabon also faces important social housing needs and, despite ambitious government building programmes, little progress has been seen in recent years. However, market activity should see a spike in 2012 as...
Given the strong demand for housing in Saudi Arabia, other segments of the real estate market are often overlooked. However, as with the residential market, the fundamental demand conditions seem to favour growth across all segments of the market. While it has been a tough 24 months for the office sector, long-term development prospects look...
Having avoided the major boom and bust cycles of its Gulf neighbours, Saudi Arabia’s real estate sector is considered relatively stable. For several years, and certainly since the global financial crisis, the sector has been viewed as a safe haven for local capital. Prices in the market have held firm and returns have been solid. The reasons for...
Although little noted, the environment for industrial real estate has been improving rapidly over the last five years. While it is less glamorous than its residential and commercial cousins, warehousing and industrial real estate is set to be increasingly important for Saudi Arabia as the economy continues to grow and diversify.
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