Construction & Real Estate
From The Report: Jordan 2018
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While 2016 saw an overall slowdown in growth in Jordan’s construction sector, there is reason to expect more activity in the near future. A number of factors, including the country’s sizable refugee population and the government’s new focus on transport and infra¬structure development, point to a stimulated sector and increased growth. In addition, any easing of geopolitical tensions in the region could see the kingdom become a major base for reconstruction in the Middle East. Meanwhile Jordan’s real estate sector experienced a largely stable 2016-17 period. Rents and sales prices registered marginal increases in the residential market, while there were slight declines in the commercial segment. Much of this was due to the higher growth and rapid development of recent years, which left a good supply of real estate that put a break on upward price movements.

Articles from this Chapter

Overview

Laying the foundations: A new labour pool and higher standards should position the sector to meet increasing domestic and regional demand
OBG
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While external events have weighed on the sector in recent years, activity has started to pick up and there is reason to expect that this can be sustained. A number of factors, including the country’s sizeable refugee population and the government’s new focus on transport and infrastructure development, point to the potential for higher growth, and any easing of geopolitical tensions in the region could see the kingdom become a major base for reconstruction in the Middle East. The sector…

Overview

Balancing act: Strategies aim to meet rising real estate demand while boosting affordable options
OBG
plus

Centred on the capital, Amman, Jordan’s real estate sector experienced a largely stable 2016-17 period. Rents and sales prices registered marginal increases in the residential market, while there were slight declines in the commercial segment. Much of this was due to the higher growth and rapid development of recent years, which left a good supply of real estate, putting a break on upward price movements. There is now, however, a more evident search for quality, as well thought-out, largely…