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CBRE's Middle East Real Estate 2023 Outlook report provides our views on the outlook for the region's macroeconomic backdrop, its offices, residential, hotels, retail and in
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Article | Intelligent Investment
The importance of sinking funds in real estate assets
January 18, 2023
The sinking fund is in essence a replacement fund. The landlord or Owners Association (OA) builds up a fund to pay for the repair and replacement of major items of plant and equipment.
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Lifestyle hotels are becoming a core part of the offering provided by operators and are experiencing increasing demand from developers.
The proliferation of lifestyle hotels has
2023
Middle East Real Estate Market Outlook 2023
Resolute economic growth in the Middle East expected to drive strong levels of real estate activity in 2023
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Latest Market Reports
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Saudi Arabia’s GDP has closed the year with an estimated growth of 7.9%.
In the year to Q3 2022 saw extended growths in Oil-related GDP by 14.2% and 6.0% for non-oil GDP. -
Saudi Arabia’s GDP is estimated to have increased by 8.6% in Q3 2022.
Total employment stands at 3.9% above pre-pandemic levels.
Through Q3 2022, Oil-related GDP and non-
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Property and Industry Experts
Ada Choi, CFA
Head of Occupier Research & Head of Data Intelligence and Management, Research, Asia Pacific
Other Regional Research Heads
Pierre-Edouard Boudot
France
Kim Verdonck
Belgium and Luxembourg
Jan Linsin
Germany and Austria
Jussi Niemistö
Head of Research, Nordics