Kurdistan Real Estate Interviews

Empire World’s Marriott Hotel will be a unique hotel catering for needs of all visitors of Erbil, including business travelers. Peshraw Majid Agha has a positive outlook for the real estate in Erbil, which is now one of the most important cities in Iraq for businesses. The prices in Erbil are increasing and investments are flowing into the region at a substantial rate. Peshraw Majid Agha also discusses the other divisions of Falcon Group: Falcon Oil & Gas and Falcon Security.

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“Iraqi Kurdistan Needs 500,000 New Houses” says Ahmed Rikany, Chairman of Rekan Group

March 19, 2013

However, we see that there is a need for 350,000-500,000 houses while there are currently only 120,000. Moreover, the number of residents is increasing so the demand for houses is there.

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ATCONZ: Housing Projects in Kurdistan

January 9, 2013

80% of the real estate investments in the Kurdistan Region are local. The prices of real estate are high as there is neither functioning mortgage system, nor an insurance to cover that. Atconz believes the real estate business in Kurdistan needs another 10 years to settle down at a sustainable level. Atconz is leading the real estate market in the Kurdistan Region in terms of quality.