Steve Brice Quotes

While there has been an increased retention of funds within the region, we expect the flow of capital out of the region to accelerate in 2006, partly due to the over-priced nature of regional markets and partly due to an increased desire to use the petrodollars to make strategic acquisitions.

- Steve Brice

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Increased | Retention | Funds | Region | Expect |

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The good news is that the demand fundamentals are likely to remain positive with good population growth, high rental yields and a new real estate law expected to be announced soon. Indeed, according to our new real estate index property prices rose 3.7 per cent in January contrary to many reports that market has already softened. - Steve Brice

It has certainly reinforced the perception here that Arab investments can be singled out. It will have an impact on flows of funds. - Steve Brice

The key challenge for the government and the sector is to achieve a soft landing of the market. - Steve Brice