Covid-19 has had a significant impact on the Latin American residential real estate market, with the economic slowdown and increased investor uncertainty serving to dampen growth in the short term. Nevertheless, the pandemic has stimulated demand for both rental properties and accommodation with outdoor space, while also accelerating the digitalisation of the industry and boosting competition among mortgage lenders.
Interviews & Viewpoints | Saleh Al Mazrouie, Acting CEO, Abu Dhabi General Services Company (Musanada): Interview from The Report: Abu Dhabi 2020
Which sectors do you believe will create greater construction activity in the short to medium term?
Interviews & Viewpoints | Talal Al Dhiyebi, CEO, Aldar Properties: Interview from The Report: Abu Dhabi 2020
How are flexible payment plans helping boost the number of first-time buyers?
Articles & Analysis | What is fuelling construction activity in Abu Dhabi? from The Report: Abu Dhabi 2020
Investment in energy and infrastructure has resulted in the development of various mega-project opportunities for construction and engineering companies in Abu Dhabi. These include strategic projects such as the Midfield Terminal Building at Abu Dhabi International Airport (AUH) and the Barakah Nuclear Power Plant, both of which are due to...
Articles & Analysis | What is boosting home ownership rates in Abu Dhabi? from The Report: Abu Dhabi 2020
At a time of downward pressure on sale and rental prices for residential flats and villas, potential buyers and tenants have an opportunity to explore new housing options. According to Statistics Centre - Abu Dhabi, housing costs including utilities fell by 3.7% in 2019. This came as the real estate sector contracted by 1.1% in current prices...