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22 March 2022

Bahrain F1: The long term economic and real estate benefits

Bahrain was first to build a track and host a Formula One (F1) race in the region, but there was competition The UAE, Egypt and Lebanon were all potential alternative candidates, but in 2002 the FIA came calling and Bahrain beat their internal competition, as a result of a ...
11 November 2021

Lessons from the past, pointers to the future. What impact do Expos have on real estate markets?

The first modern fair was held in Paris just after the French Revolution in 1798, on the site where the Eiffel Tower now stands By 1928 Expos had gained both codification and their own organisation Subsequent Expos have been well-recognised landmarks of human achievement, for example, the New York ...
5 September 2021

Formula One and real estate — a winning team?

There are several potential multiplier effects of hosting a Formula One race on real estate The most obvious one is the effect F1 races and similar events bring on hotel, serviced apartments and short-term let occupancy rates, and therefore valuations Some have referred to the way in which any ...
16 May 2021

How useful are International Valuation Standards (IVS) for Gulf real estate markets?

The International Valuation Standards (IVS) are now the basis for valuation standards in well over a hundred countries worldwide, including every major real estate market The Gulf has been no exception in moving decisively towards the adoption of international valuation standards But why is IVS important and how does ...

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    muscat@cavendishmaxwell.com

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