The RealOUTLOOK series provides a detailed insight into the Bahraini realestate market. RealCAPITA aims, with this series of reports, at addressing the absence of accurate and credible data in the local marketplace. RealOUTLOOK provides credible facts that will empower and enlighten investors in their decision making process.
RealOUTLOOK Bahrain Office & Retail Market Review Q4 2009
Highlights of the report:
With economies in the region not showing any signs of meaningful recovery so far, the Office and Retail Market continues it downward spiral.
The correction in the Commercial Market is now taking place in both of its segments; the Office Market and Retail Market.
Between Jun-09 and Dec-09, the conditions in the Office Market have not improved in Bahrain by much, as some of the recent lease transactions are done between the property owners and their own companies.
The last few quarters of 2009 witnessed the lease rates for the Retail Market coming down considerably.
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