Bahrain real estate trade surges 80pc
Manama, April 1, 2014
Real estate trading in Bahrain increased by 80 per cent in the first quarter of the year compared to the same period last year.
Survey and Land Registration Bureau president Shaikh Salman bin Abdulla Al Khalifa said the total trading volume reached BD344.3 million ($903.6 million) during the first quarter of the year - the highest surge ever in Bahrain's history, reported the Gulf Daily News (GDN), our sister publication.
He attributed the booming property market to favourable climate prevailing in the kingdom and government's policies and measures that have helped regain the trust of investors and real estate developers. - TradeArabia News Service