2014-02-10 02:53:02 - Pakistan Real Estate Report Q2 2014 - a new market research report on companiesandmarkets.com
Our forecasts for the commercial real estate sector in Pakistan are unchanged. Long-term upside risk is provided by the (hopefully) improving political and economic situation. However, the security situation in the industrial city of Karachi, and indeed elsewhere in Pakistan, remains a concern, dampening the outlook for the commercial real estate sector.
We are awaiting clearer developments before reviewing our forecasts.
Despite the ongoing violence in the country, which continues to dampen investors interest in investing in Pakistani commercial real estate, we believe that the May 2013 election and subsequent peaceful transfer of power, followed by by-elections in August, in which the ruling Pakistan Muslim League-Nawaz did well, are an encouraging sign for increased political stability. If this continues, it will have
a positive impact on the commercial real estate sector, boosting investor confidence in the country and providing a more stable political environment in which to develop the regulation and transparency needed in the sector.
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