There were 24 results found for Jordan and Real Estate

There were 24 results found.

Interview

Taha Al Zboun, CEO, Dead Sea Development Zone: Interview
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Interview:Taha Al Zboun What more can be done to change the perception that political instability within the region threatens Jordan’s safety and security? TAHA AL ZBOUN: Despite external regional threats, Jordan has remained peaceful and stable, and continues to welcome visitors from all corners of the world. To reassure prospective visitors of the country’s safety, the government is developing…

Interview

Hani Mulki, Chief Commissioner, Aqaba Special Economic Zone Authority (ASEZA): Interview
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Interview:Hani Mulki How is ASEZA working to attract and retain tourists, and lengthen their stays in Aqaba? HANI MULKI: ASEZA is promoting a sub-brand for Aqaba under the national brand of the kingdom. Part of our strategy is to attract local, regional and international tourists. We are working to create an environment that is conducive to longer stays. In addition to its beaches and sunny…

Overview

Affordable housing remains a priority for the real estate sector
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Despite some challenges for Jordan’s economy, 2014 saw trading in real estate continue to post healthy growth along with steady rises in property prices. This was especially true in the capital, Amman, where pressure on land and sought-after areas in the city centre has kept returns high for investors. Elsewhere, the need for lower-cost housing continues to grow, with government schemes aimed at…

Overview

New companies enter the market, despite high energy and labour costs
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The year 2014 was marked by strong growth in the construction sector, which has become well established as one of Jordan’s key economic drivers. New companies are also entering the market, with an eye towards gaining a share of a major pipeline of projects now beginning to get under way – developments spanning the transport sector, residential real estate, energy grids and liquefied natural gas…

Chapter

The Report: Jordan 2015: Construction & Real Estate
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The year 2014 was marked by strong growth in the construction sector and despite regional volatility slowing rollout for tourism projects, new developments in the residential, transport and energy sectors are expected to continue fueling growth. Indeed, credit extended to the construction sector in 2014 totalled $658m, up from $569m in 2013. In terms of real estate, 2014 saw trading continue to grow…

Country Report

The Report: Jordan 2014
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A number of Jordan’s key economic indicators have improved over the last year and GDP is forecast to grow by 3.5% in 2014. Jordan’s reliance on energy imports is being addressed with increased focus on domestic oil shale reserves and nuclear energy, while plans to build a pipeline through the country from Iraq will provide a stable oil supply at discounted rates. Jordan’s expanding pop

Economic News

Activity in Jordan’s real estate sector on the rise

The property market in Jordan is picking up, with a rise in the volume of transactions this year. Prices are also increasing, which whilst good news for investors, may exacerbate an already existing shortage of affordable housing for low- and middle-income residents. A report issued by the Department of Land and Survey (DLS) in early October showed a 23% jump in the value of registered real…

Overview

Moving forward: The market remains level, while ongoing development projects continue to advance
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While Jordan’s property market slowed in 2012, the sector remains healthy, and this strong trend is expect-ed to continue throughout 2013. Current market con-ditions can be attributed to several factors, including a growing middle class, an influx of newcomers from Syria and Libya in need of homes and the caution among developers due to the geopolitical situation in the region. By and large,…

Overview

Infrastructure in focus: Pushing past challenges, the sector moves toward developments beyond housing
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Signs of improvement are beginning to be seen in Jor-dan’s construction sector. Much like other sectors in the country, investment in construction projects has slowed due to geopolitical conditions within the region. Local construction companies, however, are adjusting well to the current climate, and a range of projects are still moving ahead. Jordanian firms are working to secure projects in…

Chapter

The Report: Jordan 2013: Real Estate & Construction
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Average rental and sales prices for residential real estate have remained steady, although there has been a slight drop in the capital’s commercial segment. The construction sector is characterised by a host of large-scale, mixed-use developments. Plans have also been announced for the kingdom’s first solar cooling plant, while multiple water projects are progressing well, offering a range of opportunities…

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There were 24 results found for Jordan and Real Estate

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