CoreNet Global Summits offer opportunities for members to network, learn and be recognized for professional achievements. CoreNet Global Summits bring corporate real estate (CRE) professionals together from across and from all aspects of the profession.
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The rapid wave of real estate development and amount of wealth accumulated in the Middle East has long fascinated the rest of the globe. The abundance of natural resources in the region has resulted in a huge influx of wealth over the last 50 years. However, despite the massive development of commercial and residential property over that time, the investment market remains tiny by comparison, leaving unsatisfied demand. It also pushes cash-rich Middle Eastern investors towards alternative sectors and outside their home region. Are there changes ahead that may bring more opportunities to the Middle Eastern real estate market?
Keywords: MENA, Capital, Market, Economy, Investment, Demand, Supply, Property
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