Oman Real Estate Investment and Finance Conference 2018
Oman’s real estate sector has been one of the bright spots in the economy, as easier access to mortgages and a growing population has led to increased interest in property ownership. Oman’s property market, normally mainly the preserve of domestic buyers, is seeing interest picking up from foreign investors.
Oman’s real estate sector has continued to grow in recent years, despite the fall in oil prices. Projects that target niches, such as high-end offices, units in ITC’s, shopping malls and gated communities are flourishing.
Developers are seemingly interested to look at the market opportunities in 2018 and are keen to deliver new projects to meet the perceived gaps in the market and looking in more depth at the market situation and building in a more robust approach to the risk of lower occupancy and lower rents. On the other hand, investors are still likely to be cautious although yields are still attractive In Muscat. The primary driver behind the slide in rents in some areas has been the sharp supply upturn in what is considered to be lower quality stock which is undermining rents across several submarkets.
Paradoxically, Oman's property market offers compelling investment opportunities, as the Sultanate's diversification and job creation strategy emphasizes tourism, knowledge industries and the expansion of industrial complexes in Salalah and Sohar. Affordable housing is a high priority for the Omani government.
Oman Real Estate Investment and Finance Conference 2018 will focus on key issues and trends by bringing together owners and investors with sources of public and private equity investment and debt financing in the Canadian real estate market.
The conference program will provide a unique, high-level business forum will address key issues, assess emerging trends, and discuss effective strategies for real estate investment and financing for office, industrial, retail, and multi-residential sectors in the current environment across the Sultanate. The Oman Real Estate Investment and Finance Conference 2018 will also provide a great opportunity to network with experts and decision-makers responsible for real estate investment and financing today.Oman Real Estate Investment and Finance Conference is designed for real estate managers, operators, private investors, family offices, pension plans and other institutional investors. It will provide various networking opportunities along with an educational platform.