GCC Residential and Commercial Construction Outlook

Alpen Capital today announced the publication of its GCC Construction Industry Report . The research focuses on key emerging trends, fundamental growth drivers, noteworthy challenges in the industry. It profiles the six GCC nations while presenting the outlook for residential and commercial office construction sector based on a supply-side approach.

Though the construction and real estate sector has started recovering from the lows of 2008-2009, growth is still far from pre-crisis levels. The growth is also not uniform across all regions within the GCC and while some countries are leading the recovery; others continue to take a more careful approach. Prospects in the Qatari construction market are looking optimistic on the back of strong GDP growth and the successful bid for the 2022 FIFA World Cup. In Bahrain and Saudi Arabia, the focus of the residential construction sector has shifted to providing affordable homes to the low and middle income group population. UAE’s reputation as a safe and stable country amid the recent ‘Arab Spring’ is likely to have a positive impact on the construction sector despite the current oversupply and cautious approach to new investments.

GCC region continues to enjoy premium on rental yields as compared to the mature markets of the US and Europe, which will keep the overseas investor’s interest intact in the sector. Due to low number of transactions taking place in the marketplace, the determination of the price ranges is a challenging task, thereby making this a buyer’s market.

Research additional information:
Private investment raising UAE healthcare quality, but staffing remains a challe... Private investment is helping drive the United Arab Emirates towards its goal of implementing international best-practice in healthcare by 2021, but t...
Investors View Gold as Opportunistic Short-term Investment in Specific Markets During the first three months of 2015, commodity net inflows reached roughly $7 billion, strongest level in 2.5 years, but Barclays’ analysts doubt ...
Expo 2020 Logo Competition Sees Record Participation Even though World Expo 2020 will kick off in a little over five years, Dubai has already started to establish itself as one of the event’s most ambi...
Singapore Tops Biggest Global School Ranking; UAE 45th Once again Singapore excels when it comes to education – the country now tops the biggest global school rankings, published by the Organization for ...
Dubai’s Economic Growth Slowed by Low Oil Prices The outlook for Dubai’s economy remains positive, although there’s been a deceleration in growth in some industries after the oil prices fall, obs...
Emirates Skywards and Heathrow Announce New Partnership Emirates and Heathrow have announced the launch of a new strategic partnership that will bring increased earning and redemption options for members of...
Celebrating Moms on Mother’s Day Many countries around the world mark Mother’s Day on 8 March, the International Women’s Day, but in the US, as well as in most of South America, p...
Isra’a Wal Miraj Holiday in UAE Announced The UAE has declared Saturday May 16 as official public holiday to mark Al Isra’a Wal Miraj, according to the Federal Authority of Human Resources. ...
Residential Rents in Sharjah Stabilize The stabilisation of rents across Sharjah’s residential property market has resulted in rental costs remaining unchanged during Q1 2015, following a...
13 UAE Companies on “The World’s Biggest Public Companies” List Etisalat leads the set of UAE firms that made it to the Forbes list of “The World’s Biggest Public Companies” in 2015. A total of 13 Emirati com...