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GCC infrastructure supports economic diversification and bolsters real estate activity
The real estate sector in the Gulf Cooperation Council (GCC) countries has witnessed prosperous growth since the beginning of 2024. The total value of real estate projects currently planned or under construction stands at an estimated $1.68 trillion, up from $1.38 trillion in 2023, the CBRE Group stated in its latest report. The initiatives and strategies the GCC governments have implemented are major drivers for real estate growth and increased demand…