Glossary & framework library

Currency risk

Emerging Markets

Reference

The risk that exchange-rate movements erode returns for cross-border investors.

Related terms

  • Delivery risk

    The risk that a developer fails to complete or hand over a project on time or to standard.

  • Development finance institution (DFI)

    A public or quasi-public body financing development, influential in African real estate.

  • Dollarisation

    The widespread use of US dollars alongside or instead of the local currency for pricing and transactions; common in high-inflation African markets where prime…

  • Expatriate demand

    Housing and commercial demand driven by foreign workers, significant in the GCC.

  • Expropriation risk

    The risk that the state seizes private assets, with or without fair compensation; even the perception of it depresses foreign appetite for land-heavy investmen…

  • Freehold zone

    A designated area where foreign nationals may own property outright, common in the UAE.

  • Frontier market

    A market less developed and less liquid than an emerging market, with higher risk and thinner data; much of Sub-Saharan African real estate sits in this catego…

  • Giga-project

    An exceptionally large, state-backed development, characteristic of Saudi Vision 2030.