Until now, Middle East has typically relied on commercial banks as the primary lending source for real estate developers and investors, says JLL. Pictured: Riyadh
Growth of private debt to boost Middle East real estate market, JLL reports
In collaboration with Clifford Chance, JLL's latest report Financing Bricks and Mortar; Opportunities for Private Real Estate Debt in UAE and KSA, says that 10% of total real estate debt market could come from private providers within the next decade.