Thursday, 27 June 2019 07:06 GMT
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Oman sees de-escalation in real estate




(MENAFN) Oman recorded a boost in some real estate sections, despite the slow momentum seen in the growth of the market last year.

Cavendish Maxwell unveiled Oman's real estate to have recorded a 1.2 percent jump in its dealings last year, with sales agreements witnessed a 1 percent decline.

In its 2018 Oman Market Report, the real estate company confirmed to Sultanate to have posted an improvement in its tourism sector.

It said: "other significant areas of development besides the real estate market have been the tourism and industrial sectors, with new hotel room inventory and industrial estates expected to be added in 2019."

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Oman sees de-escalation in real estate

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