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Mazaya Monthly Real Estate Report -
Week 2 - December 2016
The ability to introduce unique
innovations and ideas into real
estate projects to meet the growing
needs of end-users plays a major
role in enhancing demand for
freehold projects, according to
recent market data and statistics.
In itsweekly real estate report,AlMazaya
Holding pointed out that there are
different factors and criteria that have
their ownbearingon the level of demand
for freehold property. Responsiveness
to these criteria and factors – including
market developments and foreign
supply and demand indicators – is
one of the key factors to ensure the
success of real estate companies and,
consequently, customer satisfaction.
The report noted that the freehold
sector has witnessed impressive
growth in the region over the past
years, incentivising countries to
develop and expand their freehold
laws and regulations, which, in turn,
helped promote foreign investments
and diversify income sources. In this
context, the report highlighted that
the increase in freehold shares in new
real estate projects has implications
that beef up a company’s status in
the market, maintain a competitive
edge for its projects and ensure its
sustained activity. This will ultimately
be in the interest of wider economic
and financial activities in the countries
where investments are taking place.
Enactment of resilient foreign ownership laws is a must to augment investment returns
Freehold Projects Draw Foreign Capital and
Accelerate Urban Development in GCC Markets