Industry Experts Optimistic About Bahrain's Real Estate Market In 2013


(MENAFNEditorial) Capital Club Bahrain, the Kingdom's premier private business club and a member of the ENSHAA group of companies, launched the first of its 2013 Business Forum series with an in-depth look at Real Estate Investment in the Middle East. Sponsored by Naseej B.S.C. (c), three of Bahrain's influential industry experts examined the 2012 real estate market in Bahrain and the region, highlighted market opportunities and challenges; and shed light on what needs to be done to aid market growth. The panel consisted of industry heavyweights, including Christopher Sims, FRICS ACIArb, CEO of Naseej B.S.C. (c), and Chairman of RICS Bahrain; Don Bradley, FRICS, CEO of Knight Frank Middle East; and Robert Lee, CEO of Bahrain Bay Development B.S.C. (c) The general consensus of the panel was a shared optimism about the real estate climate in Bahrain for the coming year, despite an urgency to develop longer term vision of projects, with the appropriate approvals and measures in place to safeguard stakeholders. Market research and auditing is key in assessing successes and failures to avoid repeating mistakes and ensuring investors enter the market in a cautious and educated manner. Capital Club's Business Forum series will take place on a monthly basis, focusing on topics that affect the business community at large. The next event in February 2013 will focus on the region's Oil & Gas Industry.


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