Published on September 28th, 2017 | by SayginYalcin0
Forbes: Top 100 Real Estate Companies In The Arab World 2017
- The top 40 listed real estate developers have a combined market value of $90.5 billion, and brought in revenues of $18.1 billion in 2016.
- Forbes Middle East has held a glittering ceremony to award the industry leaders
Dubai, UAE – September 10, 2017: Forbes Middle East welcomed representatives of the region’s leading real estate companies at an exclusive event, held to unveil its Top 100 Real Estate Companies in the Arab World for the second year running.
The top 40 listed real estate developers have a combined market value of $90.5 billion, revenues of $18.1 billion, profits of $5.1 billion and assets worth $126.5 billion. U.A.E.-based Emaar Properties top the list.
Khuloud Al Omian, Editor-in-Chief of Forbes Middle East said, “The GCC’s real estate sector is one of the fastest growing in the world and is a key barometer for the economic growth of the region. By also ranking the largest REITs for the first time, we have highlighted the crucial role they play in making the sector more attractive for all stakeholders of the economy.”