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Event Date |
Mon Mar 25 +04 - Wed Mar 27 +04 (over 5 years ago)
In your timezone (EST): Mon Mar 25 12:00am - Wed Mar 27 9:00am |
Location |
Oman Convention & Exhibition Centre
Muscat, Oman |
Region | EMEA |
Oman’s real estate sector has been one of the bright spots in the economy, as easier access to mortgages and a growing population has led to increased interest in property ownership. Oman’s property market, normally mainly the preserve of domestic buyers, is seeing interest picking up from foreign investors.
Oman’s real estate sector has continued to grow in recent years, despite the fall in oil prices. Projects that target niches, such as high-end offices, units in ITC’s, shopping malls and gated communities are flourishing.
Developers are seemingly interested to look at the market opportunities in 2018 and are keen to deliver new projects to meet the perceived gaps in the market and looking in more depth at the market situation and building in a more robust approach to the risk of lower occupancy and lower rents. On the other hand, investors are still likely to be cautious although yields are still attractive In Muscat. The primary driver behind the slide in rents in some areas has been the sharp supply upturn in what is considered to be lower quality stock which is undermining rents across several submarkets.
2019 Speakers
Hassan Mohammed Juma Al Lawati
Chairman, Oman Real Estate Association
H.E. Talal Al Rahbi
Deputy Secretary General, Supreme Council for Planning
Eng. Siham Al Harthi
Ministry of Housing
Joseph Morris
Partner, Head of Capital Markets Middle East, Knight Frank
Zoltan Kali
Senior Vice President, Omran Hospitality
Dan Smith
Author, Speaker, Strategist
Venugopal Nanjan
Director – Operations, Services & Trade Co
2019 Sponsors & Partners
GOLD SPONSORS:
• Maysan
SUPPORTING ASSOCIATION:
• RICS
MEDIA PARTNER:S
• Business Live ME
• EncycloMedia