Going Long on Real Estate

In spite of the global downturn and an opaque regulatory framework, private developers are moving to establish a permanent foothold in Algeria's largely untapped real estate market, with a number of sizeable projects due to break ground in the coming year.

Following nearly a decade's worth of strict financial restrictions and political instability, the recent glut of petro-dollars has helped fuel a massive increase in Algeria's construction and real estate sectors, drawing in foreign investors and nurturing domestic developers.

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