• Real Estate

    OBG’s real estate market analysis includes detailed information about supply and demand in the residential, commercial and retail segments. We cover major development projects by local and international investors and examine changes in the regulatory framework and bank lending practices.
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Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household 

Rapid expansion in Papua New Guinea’s property market is set to be further heated by new foreign investment. However, industry players reject fears of a bubble and predict that rising prices will soon stabilise.
Sharjah’s real estate and construction sector could be in for a welcome boost as the government looks to address the shortage of affordable housing in the emirate. And while lower prices in neighbouring rental markets could have a knock-on effect, the emirate’s prospects for real estate growth in 2012 are promising.
Jakarta’s property market is in the midst of a boom driving growth across both the sector’s residential and commercial segments. A combination of strong domestic demand, low interest rates and increased foreign investor confidence is thought to be behind the trend which is expected to continue during 2012, forming a key component of Indonesia’s economic growth.
The minarets of Istanbul’s Hagia Sofia, an iconic part of the city’s skyline, will soon be joined by a tower to become one of the tallest buildings in Europe. The Scottish-designed tower, part of “Metropol Istanbul”, will be located in the new financial district in Ataşehir, which is now beginning to take shape.
Malgré l’interruption inévitable des projets de construction et des ventes immobilières au plus fort des manifestations du Printemps arabe début 2011, le marché tunisien de l’immobilier montre des signes de reprise à moyen terme. Le secteur demeure l’un des plus attractifs d’Afrique du Nord et les récents bouleversements politiques ne l’ont pas empêché d’attirer des capitaux étrangers.

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