Bahrain Property Report - Market in Minutes Q3 2021
MARKET HIGHLIGHTS
- Bahrain’s economy exhibited resilience and growth over the last few months, and GDP is now estimated to have grown by 5.7% y-o-y in Q2 2021
- The supply of residential apartments continued in Q3 2021 as 210 new units were introduced to the market
- Contrary to the rental trends observed in the villa segment, rentals for apartments have witnessed a drop compared to the previous quarter
- Tenant churn across the office segment has been strong in Q3 2021
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