Real Estate Industry in Iran- Analysis of Growth, Trends and Forecast (2016-2021)
The real estate market in Iran is poised for growth at an estimated CAGR of 5.13% over the period from 2015 to 2020. The projected market value of the real estate sector in 2020 is USD 6708.84 million. The chart below depicts the trends in the market value for real estate.
The government of Iran is pushing for investments in the infrastructure segment in the region. At present, the profitability of this industry is low owing to weak supply and demand. However, in the coming years this is expected to change. The capital requirements for investing in the real estate segment is high and thus owing to these factors, the threat of new entrants in this sector is medium
The United Nations, the United States and the European Union have imposed economic and export sanctions on Iran due to its involvement in terrorism in the Middle East (for example, in Lebanon). This is further instigated by Iran’s intent to continue its uranium enriching and reprocessing activities. Sanctions were imposed on Iran’s Central Bank, oil exports, banking, insurance, and more. Lifting of sanctions on Iran included the United Nations, the European Union and the United States removing blacklisted individuals and companies, some of them blacklisted because of their alleged involvement in nuclear activities.
The Iranian private sector is in distress because of a number of reasons. The Iranian government has a radical stance on regional politics, allegedly supporting terrorism in Lebanon, and other Middle Eastern regions. The country owns and manages a large number of state-owned enterprises. It also indirectly manages enterprises affiliated with Iran’s security forces. The market is segmented by type such a residential and commercial
What the report offers
The report identifies the situation of Real Estate sector in Iran and predicts the growth of the market. The Report also talks about market dynamics, drivers, restraints, industry attractiveness, competitive intelligence, investment analysis, etc.
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