Market Analysis of Commercial and Institutional Building Projects

Research and Markets has announced the addition of the "Project Insight - Commercial and Institutional Buildings Projects in the Middle East and Africa" report to their offering.

The report provides detailed market analysis, information and insights based on over 1180 CIC projects in 14 countries.

The report provides detailed metrics on each country's commercial and institutional building projects, as tracked by the CIC, split by type, start date and value.

Summary:

• This report details the investment in large-scale commercial and institutional buildings projects in the region, based on the projects tracked by Construction Intelligence Center (CIC).
• The projects are at various stages of development, from announced to execution, and are in 8 categories: educational, healthcare, institutional and religious, leisure and hospitality, mixed use, offices, retail and transportation and storage.
• A total of 14 countries in the region are covered, and the combined value of projects tracked in these countries stood at US$1.82 trillion as of August 2015.
• The average value of projects across the 1,187 projects studied is US$1.54 billion. The highest value project tracked in this report is the US$100 billion King Abdullah Economic City in Saudi Arabia.

Key Highlights:

• CIC Projects analysis shows that commercial and institutional building projects for the 14 countries is estimated to be US$1.82 trillion. The mixed-use sector leads for MEA with projects valued at US$1.47 trillion followed by leisure and hospitality with US$134.6 billion. Healthcare is in third place with projects valued at US$57.2 billion and then institutional and religious with US$51.5 billion .
• The UAE leads in the total value of projects followed by Saudi Arabia. The 14 countries have over 62% of the projects worth a total of US$1.13 trillion at the execution stage with some projects due for completion into the 2040's.