The statistics and information will be used by investors and developers to support their “decision-making” according to a report provided by the state-run Bahrain News Agency.
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The initial reports will be made available to investors at the end of 2019 or early 2020 said Shaikh Salman.
He said that the project is designed to encourage greater investment and liquidity in Bahrain’s real estate sector, which he described as “a key pillar of the national economy”.
Rera was established in 2017 to align the regulation of Bahrain’s real estate sector in line with international best practice and promote greater international investment.
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