2013-01-30 08:46:09 - New Business research report from Business Monitor International is now available from Fast Market Research

The Pakistan Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country in the context of Pakistan's continuing political instability and a far from solid economic recovery.

With a focus on the three principal cities of Islamabad, Lahore and Karachi, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of a vast and rapidly expanding population on a market which is currently stagnant. There are still a number of prestigious new developments ongoing in the country (such as the World Trade Center under construction in Islamabad)

which should contribute to a continuation in real estate investment in spite of the economic headwinds. In addition, a recent drive to build political and social relations between Pakistan and the UAE is likely to result in a huge jump in real estate investment in the country, and is already in evidence from a number of developments under way.


Full Report Details at
- www.fastmr.com/prod/529454_pakistan_real_estate_report_q1_2013.a ..


Even though we expect Pakistan's economic recovery to persist as domestic demand conditions continue to slowly improve, we believe that the economy's prospects remain below par, and its real estate outlook - particularly from an investment perspective - will be hampered by the government's fiscal mismanagement, the long-running energy crisis and the country's substantial exposure to the EU. Our latest data collection, in July 2012, charts commercial real estate performance over the first six months of the year which, while on the whole refusing to fall victim to wider headwinds, continues to lack dynamism. We see little to change this scenario over the short term.

Key Points

* With general elections scheduled to be held in early 2013, we believe that the ruling Pakistan People's Party, which heads up the present coalition government, faces an uphill struggle for reelection. The government's handling of the economy and its relationship with the US are likely to be its key political liabilities.
* We believe that the State Bank of Pakistan's aggressive easing of monetary policy should continue to aid the economy's recovery this fiscal year (FY2012/13, July-June). That said, structural factors - such as the government's fiscal mismanagement, the long-running energy crisis, the bleak security environment and the country's heavy dependence on still sluggish developed markets - will most likely continue to hamper the economy's prospects.
* Pakistan's construction and infrastructure forecast is negative for 2012, based on declining investor confidence. The construction industry value is expected to be US$3.78bn for 2013 based on year-on-year growth of -1.62%. This negative trend is expected to continue across the forecast period, with real growth averaging -1.47% through to 2016, when industry value will have reached US$4.35bn.
* In line with stronger Pakistani and Saudi relations, coupled with the latter's eastward economic push, one of Saudi's largest construction companies, al-Qarnain Group, has pledged a US$1bn five-year infrastructure investment in Pakistan. The deal poses great potential for a struggling Pakistani construction sector, and a likely sizeable profit for al-Qarnain. However, we highlight that the agreement's success rate is seemingly correlated to broader political ties between the two countries.

Partial Table of Contents:

SWOT Analysis
- Pakistan Real Estate/Construction SWOT
- Pakistan Political SWOT
- Pakistan Economic SWOT
- Pakistan Business Environment SWOT
Real Estate Market Overview
Real Estate Market Analysis - Office
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (PKR per m2/month)
- Table: Net Yield, 2011-2012
- Table: Terms Of Rental Contract/Lease - H112
- Industry Forecast Scenario
- Table: Forecast Rents, 2012-2013 (PKR per m2/month)
- Table: Forecast Net Yield, 2010-2017
Real Estate Market Analysis - Retail
- Supply And Demand
- Rents And Yields
- Table: Historic Rents, 2011-2012 (PKR per m2/month)
- Table: Net Yield, 2011-2012
- Table: Terms Of Rental Contract/Lease - H112
- Industry Forecast Scenario
- Table: Forecast Rents, 2012-2013 (PKR per m2/month)
- Table: Forecast Net Yield, 2010-2017
Real Estate Market Analysis - Industrial
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (PKR per m2/month)
- Table: Net Yield, 2011-2012
- Table: Terms Of Rental Contract/Leases - H112
- Industry Forecast Scenario
- Table: Forecast Rents, 2012-2013 (PKR per m2/month)
- Table: Forecast Net Yield, 2010-2017
Forecast Scenarios
- Construction And Infrastructure Outlook
- Table: Pakistan Construction And Infrastructure Industry Data, 2009-2016
- Table: Pakistan Construction And Infrastructure Long-Term Forecasts, 2012-2020
- Macroeconomic Outlook
- Table: Pakistan - Economic Activity, 2011-2016
Real Estate Risk Reward Ratings
- Real Estate/Construction Risk/Reward Ratings
- Table: Asia Pacific Real Estate Risk/Reward Ratings
- Business Environment Outlook
- Table: BMI Business And Operation Risk Ratings
- Institutions
- Table: BMI Legal Framework Rating
- Infrastructure
- Table: Labour Force Quality
- Table: Asia, Annual FDI Inflows
- Market Orientation
- Table: Trade And Investment Ratings
- Table: Top Export Destinations
- Operational Risk
Competitive Landscape
Company Profiles
- Bestway Cement
Demographic Data
- Table: Pakistan's Population By Age Group, 1990-2020 ('000)
- Table: Pakistan's Population By Age Group, 1990-2020 (% of total)
-

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=529454&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.