PKF The Consulting House Q1 2014 “MarketMirror”
Regional Real Estate Market Update
PKF The Consulting House have released the first (Q1) 2014 report of its MarketMirror covering regional real estate trends of the hospitality, residential, retail and office sectors across GCC countries. This article provides commentary - detailed information can be found in the Q1 2014 MarketMirror under (http://www.pkf-tch.com/index.php/market-mirror).
Sven P Gade, Group CEO of PKF TCH group of companies comments on this issue:
“Clearly – and along with all other industry sources – this MarketMirror which rounds off 2013 and goes into 2014 confirms that Dubai and the UAE are well and truly on a positive trend line. The Expo 2020 announcement has created massive announcement levels – but more importantly actual developments being moved forward. The impact goes well beyond Dubai and the whole of the UAE will receive the benefits as PKF TCH analysed and published well before the announcement was made in the summer of last year. For those interested in the analysis, here is the publication.
http://www.pkf-tch.com/index.php/news-updates/92-hotel-investment-in-dubai-a-good-idea
But the really good news is that this positive publicity, the recovering market and the performance of the UAE destinations have been mirrored in the rest of the GCC region. We are delighted to see how Oman has bounced back last year and at last Bahrain is experiencing good trends as well.
Yet amongst the waves of general high spirit, there are some sub segments that are worth a closer look, such as the continued affordable residential housing requirement in KSA, certain trends in the Kingdom’s hotel market and the details of the residential market in Qatar.
Our publication outlines the background to those as well as the segments and geographic areas on the upswing – feel free to review them on our website or download the actual tool on your computer or PDA. Please browse through the more detailed commentary by clicking on the graph and its segments – we enjoy providing our clients and the industry with this innovative summary!”
The PKF TCH MarketMirror is now approaching its 5-year anniversary and the producers are delighted to see its growing popularity both in terms of distributions through direct enquiries as well as online registrations, both indicating regular observance and use by our clients. It is also encouraging to see the regular press coverage of this analysis tool.
Given that the PKF TCH group celebrates its 10th anniversary and the MarketMirror is approaching its 5th, the team are of course most interested in any feedback from clients, business partners and users.
PKF TCH are looking at ways to make this tool even more interesting, interactive and attractive – for that they would welcome any suggestions users might have – please drop a note at This email address is being protected from spambots. You need JavaScript enabled to view it. .
The PKF-TCH MarketMirror is a quarterly online publication suitable for use with computers or PDAs. It is available free of charge from http://www.pkf-tch.com/index.php/market-mirror.
PKF The Consulting House, based in Dubai with branches in Jeddah, Cairo and Muscat, are business advisors to the hospitality and property sectors and operate under the oldest established brand name in the industry.
Their services are focused on the needs of owners, investors and developers of hotel and tourism related real estate projects. Core services cover real estate strategy, fully-fledged project development management, business valuation, operator selection and feasibility & market studies. For details please refer to www.pkf-tch.com.
© Copyright [2008) All Rights Reserved
