Thursday 28, May 2009 by
Earnings for real estate companies to contract by 20 per cent
Kuwait Financial Centre (aka Markaz) in its recently released research note has studied the past trends in the earnings of the GCC Real Estate companies and assessed their future course. M.R.Raghu and Venkateshwaran Ramadoss, the authors of the report, note that the earnings of Real Estate (RE) companies in GCC are likely to contract by 20 per cent in financial year (FY) 2009.
