Despite the challenges posed by the global geo-political uncertainty and a budding financial crisis in 2023, Kuwait’s real estate market has remained resilient. In fact, it continues to be a lucrative investment opportunity for both local and regional investors alike. However, as with any investment decision, it’s important to have a solid strategy in place. […]

Real estate investment is one of the most traditional and prominent investments in the world. The real estate market is constantly changing and adapting to new technologies and economic trends. Various market disruptions in the past have now led to a more research backed approach in real estate. Artificial Intelligence (AI) has eased the process […]

The Avenues Mall

March 21, 2023 | Estater, Kuwait Real Estate, Retail Sector | No Comments

Kuwait’s The Avenues mall is a prime shopping center that has quickly become a destination for both local and international brands. The mall is well known for its excellent shopping experience, first-rate facilities, and diverse entertainment options. The Avenues is the largest shopping mall in Kuwait and one of the largest in the GCC region. […]

Overview of the Kuwait Real Estate Market and its Investment Opportunities For many investors, investing in Kuwait’s real estate is a lucrative option, but it comes with its fair share of risks. For maximising returns and optimize risks, it is essential to understand various important elements while investing in this market. Here are the macro […]

Retail Sector in GCC

February 27, 2023 | Retail Sector | No Comments

The retail industry in the GCC region is a dynamic and constantly evolving sector. With the rise of e-commerce and changing consumer preferences, the retail market in the region is facing new challenges and opportunities. In this article, we will delve into the current trends and developments in the retail sector

Corona Crisis has led to 18.3% decline in Bahrain Retail space sector in the year 2020. This decline is the combined effect of two factors – reduction in the space occupancy and drop-in average lease rates. Chart below shows that between 2019 and 2020, the retail space inventory remained almost the same (marginal reduction due […]

Estater continues its analysis on the retail sector in this blog, this time we cover Bahrain retail sector. Estater estimates that Bahrain by the end of 2019 has around 2.05 million m2 of retail space spread across hundreds of properties. Of this, around 45% is in main retail malls such as City Center, Seef Mall, […]

One of the key worry for the real estate sector in the current Covid19 pandemic is its impact on the retail sector. While the retailers are worried about the impact on their sales, owners of retail malls and plazas are concerned about the impact on occupancy and lease rates. These two are closely interlinked and […]

With the outbreak of Covid19, the Governments in the GCC region, rightly so, introduced several lockdown measures. These tough measures adopted by the Governments will have considerable impact on real estate values. In such times when markets will be full of rumors, we bring some historical perspective. During 2008 – 2009 period, the region saw […]