A new report on real estate in Bahrain shows the sector’s ability to achieve further growth with the launch of new projects. The report also showed that the global real estate market had been affected by the collapse of several large US banks, which impacted credit availability across the world.However, the local real estate sector was immune from these repercussions, as the higher cost of borrowing had no significant effect on the growth of the sector, according to the report issued by ASK Real Estate for the first quarter of 2023. The report provides an overview of the important developments in the sector in the kingdom.The total number of transactions during the first quarter of this year reached 6,336 compared to 5,533 in the same period of 2022, achieving an increase of 14.5 per cent, according to the report. (ICE Doha)

Fonte notizia: Gulf Daily News