As Private Debt Increases, Middle East’s Real Estate Market to Grow
The Middle East’s real estate market is expected to see major growth as diversified capital sources become available, within the next decade. The growth is analysed to be very closely linked to the major hike in private debt, which is expected to grow within the coming years. According to the reports, private debt in the Middle East is growing as an alternative to commercial bank lending. Primarily due to cultural beliefs, lack of mortgage and bankruptcy laws, transparency of risk and reward metrics, Middle Eastern Countries have historically seen less use of debt than overseas markets. Debts are expected to be a crucial angle for real estate investment and development, the use of the same is seen in the steady improvements in the infrastructure of the region. Market transparency and regulations that are providing a more supportive environment for private funding sources are surely making the real estate sector grow in the Middle East.
Tags : INTERNATIONAL