Realty stocks may surge by year-end

Real estate stocks, like the rest of the equities market, is witnessing a dull summer trading period, but the sector is likely to see increased activity towards the year-end, say analysts.

In a research note on the real estate sector, investment bank Al Mal Capital says that six property stocks offer attractive valuations.

In the note, Al Mal Capital has rated four of the six real estate stocks (Emaar, Union Properties, Deyaar, Sorouh) as "outperform", while two (Aldar and RAK Properties) have been rated as "market perform".