A move to relax the criteria that prospective homebuyers in Oman must meet to qualify for interest-free loans has provided low-income earners with an entry-point into the Sultanate’s real estate market.
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As property prices in Dubai continue their rise, the Central Bank of the UAE (CBUAE) has issued new mortgage regulations designed to limit speculation and help ensure the long-term stability of the investment environment. However, it appears some rules may affect only a small portion of potential buyers.
Articles & Analysis | Rising reputation: The property market is considered a prime investment destination from The Report: Nigeria 2013
Rapid population growth, steadily increasing urbanisation and rising incomes – particularly among the middle class – have fuelled steady expansion in Nigeria’s real estate sector over the past decade, and are expected to continue to drive growth in the industry for the foreseeable future. While most segments have seen rising levels of investment in...
Interviews & Viewpoints | OBG talks to Nick Lambert, Head of Complex and Emerging Markets, CBRE from The Report: Nigeria 2013
Articles & Analysis | Calling all consumers: Retail space seems primed for growth from The Report: Nigeria 2013
Driven by rising incomes and steadily increasing consumer sophistication, Nigeria’s retail real estate market is poised for considerable expansion over the course of the coming decade. While the country’s formal retail sector is still in its infancy, the potential for future growth is clear, given the large size of its 170m-strong consumer market...
Articles & Analysis | Building up: The sector expands as a result of new government-led projects from The Report: Nigeria 2013
Despite softening demand in a handful of segments due to exogenous factors, activity in Nigeria’s construction industry is expected to continue to grow for the foreseeable future. Major demand drivers include rapid population growth, high levels of government investment in infrastructure and steadily increasing urbanisation, among others. In the...