JLL MENA real estate services in Kuwait
With prices having fallen 40%-50% for land and up to 30% for built product, increasing opportunities are emerging to acquire attractively priced assets from distressed sellers. Furthermore, Kuwait is well positioned in terms of financial reserves to provide support to its financial institutions, thereby cushioning any contagion impact from the regional slowdown. Finally, Kuwait is well positioned to benefit from the stabilization and subsequent opening up of the Iraq market.
Kuwait Office Overview - Q3 2011