Capital Markets

Showing posts for capital markets

4 December 2024

Valuation of Real Estate Assets – Land Plus Depreciated Replacement cost

On occasions when there is no comparable evidence available or an asset is one that would not normally trade in the open market, valuers have to assess the market value of the land and then add it to the
27 November 2024

Owners’ Associations in the Gulf – A Key to Value Creation

The need for Owners’ Associations The issue of multiple ownership in a single asset has been around for a long time. One of the most successful solutions has been share ownership in a company, which works well for manufacturing, service, and many other types of enterprise. Real estate has also seen a similar kind of solution: joint ownership, where a […]
24 October 2024

What are The Prospects for Saudi Tourism?

The evidence to date The need to diversify the Saudi economy away from oil has never been in doubt. Saudi Vision 2030 envisaged tourism playing a central role in that process. The plan originally set what was regarded as an ambitious target of 100m domestic and international tourists by 2030, but immediate success resulted in this being revised upwards to […]
9 October 2024

Is the System of Hotel Rating Still Fit for Purpose?

The evolution of a system  Hotel ratings were originally introduced to enable potential guests to understand the overall quality of places where they might choose to stay and the range of facilities available. Later, they acquired significance as valuation tools for hotel brands, as well as for the properties themselves. Studies have analysed the individual willingness to pay across ratings[1] […]
30 September 2024

Dubai’s Hospitality Sector – Market Performance in H1 2024

Dubai Tourism Overview Despite or perhaps even partly because of ongoing geopolitical tensions, Dubai remains a leading tourist destination. In the first half of 2024, the city welcomed a record 9.31 million overnight guests, marking a 9% increase from the 8.55 million visitors during the same period last year. This impressive performance reflects the strategic vision outlined by Sheikh Mohammed […]
6 September 2024

Luxury Hospitality in the GCC

8 ways high-end hotels are redefining guest experiences in 2024 The GCC has long been synonymous with luxury, opulence, and the hub of elevated tourism. As we advance through 2024, the luxury hospitality sector across the GCC is undergoing a remarkable transformation. Hotels and resorts in the region are adopting new trends that reflect the evolving expectations of global travellers, […]
6 August 2024

Value Through Infrastructure Development: The Case of Gulf ports

The rise of Gulf ports The history of seafaring throughout the Gulf is well known. The construction of the famous Arab dhow and the existence of extensive fisheries across the region in what are now the countries of the UAE, Oman and Saudi Arabia are part of a proud tradition that urban planners wish to capture. More recently, Gulf governments […]
16 July 2024

A tale of two markets: Capitalising on arbitrages through retrofits

The Dubai real estate market has been on a spectacular bull run with prices reaching an all-time high of AED 1,397/sqft in July, 2024. This represents an appreciation of over 78% from the market trough reached in April 2009 and, more importantly, prices are approximately 13.2% above the previous peak of September 2014. However, when diving into the granular details, […]
24 June 2024

Natural disasters, resilience and value

The impact of natural disasters Recent adverse weather conditions in the UAE have focused attention on the impact of natural disasters on real estate. This includes impacts associated with climate change, such as flooding caused by changes in precipitation patterns and also the potential impact of rising sea levels, increasing heatwaves and regional droughts. However, the events in the UAE […]
18 January 2023

How effective is real estate as an inflation hedge? A perspective from the Gulf

GCC Inflation: perception and reality At the beginning of 2023, the consensus perspective is that the global economy is far from out of the inflationary woods yet. After a global average of 8.8% last year, opinions now diverge as to the curve of the downward trajectory this year, from the IMF’s global estimate in October 2022 of 6.5%1, to a […]
7 September 2022

The significance of Gulf IPOs for real estate

IPOs have come back into fashion In the Gulf, they have done so in spectacular fashion. 2021 was itself a record year for IPOs globally, but in contrast to the slowing global IPO market the tempo did not let up this year in the region. Ernst & Young reported that MENA IPO markets saw fifteen IPOs during Q1 2022.[1] In […]
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 it benefit real estate markets? Find out more in our latest […]

Stay up to date

SIGN UP

Menu
Quick Links
Follow us