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 […]