Turkey Real Estate Review H1 2014 | Colliers International
Pub. Date: 18 March 2014

Growth data for the first nine months of 2013 show a discernible improvement in the economy over the previous year. Turkey’s economy maintained its recovery trend with 4.4% growth in the third quarter of 2013 compared to the same period in 2012. However, the Central Bank of Turkey’s inflation rate target of 6.8% was exceeded, with inflation reaching 7.4% as of the end of 2013.
While ...

Istanbul Office Market, General Overview Q4 2013 | PROPIN
Pub. Date: 4 March 2014

SUMMARY The general vacancy rate for class-A office buildings in the Central Business Districts (CBD), climbed to 16.2%. An increase in stock was the main reason of this escalation. The vacancy rate for class-B office buildings was 7.9%.
The average rent for class-A office buildings in the Central Business Districts (CBD) was US$ 30.3 /m²/month. The rental average for Class-B ...

Qatar Focus Q4 2013 | Asteco
Pub. Date: 11 February 2014

SUMMARY: The undersupply in the apartment market eased in Q4 2013, with the introduction of three new residential towers to the market on The Pearl-Qatar. This has resulted in stabilization of rental rates, especially in the Pearl, after the increases that were witnessed in Q3 2013.
• Demand for three and four bedroom villas remains strong, with well-located compounds close to ...

The United Arab Emirates Residential Property Price Indices December 2013 | REIDIN
Pub. Date: 4 February 2014

SUMMARY:
Residential property prices in Dubai’s housing market performed well in December 2013. The Dubai Residential Property Sales Index for all residential increased by 6.5 points, from 245.3 to 251.8., an increase of 2.64% m-o-m. On the other hand, prices increased 23.80% y-o-y.
Apartment sales prices registered an increase in December 2013. Princes increased 2.59% ...

Global Investment 2013-2014 | Knight Frank
Pub. Date: 28 January 2014

The Euro area has finally emerged from recession, although the recovery remains fragile. However, the recovery in the US, which had been gaining momentum, now faces the uncertainty of a partial shutdown of the federal government. Parts of Asia Pacific have seen prospects weaken in the first half of 2013, most notably in China and India. Concerns over the possible tapering of US Federal Reserve ...

State of Energy Report Dubai 2014 | DSCE & DCCE
Pub. Date: 16 January 2014

It is widely reported that buildings are responsible for over 40% of the world’s primary energy consumption and for up to 30% of the world’s carbon dioxide emissions (UNEP, 2009). In the Arab region, particularly in the Gulf States, this percentage is generally acknowledged to be significantly higher due to the intense air conditioning requirements of buildings and the relatively small ...

Egypt Hospitality Market December 2013 | Colliers International
Pub. Date: 15 January 2014

The 2011 Revolution in Egypt witnessed the overthrow of President Mubarak; the tourism and hospitality sector was severely affected as unemployment rates increased and multiple tourism companies went bankrupt.
Tourism GDP decreased by -12.5% in 2011 and remained steady in 2012, contributing 6.8% of Egypt’s total GDP. As the political situation is currently unresolved, the share tourism ...

GCC Real Estate Development 2013 | Roland Berger
Pub. Date: 15 January 2014

Many of the difficulties faced today by real estate developers in the Gulf Cooperation Council (GCC) can be traced back to the early 2000s. A construction euphoria, fuelled largely by government-backed petrodollars and the deregulation of regional property markets, had created very attractive real estate markets.
In some GCC countries the freehold system, allowing the complete ownership of ...