Bloomberg News

Bahrain Real-Estate Deals Jump 59% in First Half, Al-Watan Says

July 16, 2012

Bahrain’s real-estate transactions rose 59 percent in the first half of 2012 from a year earlier, Al-Watan reported, citing a statement from Survey and Land Registration Bureau.

Transactions worth 317.6 million dinars ($842 million) were agreed in the period, the newspaper said. Investors from the other Gulf Cooperation Council countries accounted for 28.2 million dinars of the total and foreign investors of other nationalities for 32.1 million dinars; the other transactions were were made by Bahraini investors, Al-Watan said.

To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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