MANAMA: Bahrain is seeing a golden age for tenants, with historically low prices, a strong selection of exceptionally well-managed facilities and a developer approach focused on market-suitable properties, according to international real estate consultancy Cluttons.
Releasing the Cluttons Bahrain Spring 2017 Property Market Outlook, the firm’s head of research Faisal Durrani told the GDN yesterday that weakening economic conditions, tapering off demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry .