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Dubai to face oversupply of malls: report

Posted on 20 December 2010

From AFP: Dubai malls will have too many shops for rent and too few tourist shoppers by 2013, a report said on Sunday. “Dubai shopping mall space is set to increase by approximately 30 percent between 2010 and 2013,” global real estate consultants Colliers International said in a report.
The market will see an oversupply of over one million square metres (10.8 million square feet) of gross leasable area in 2013, it said……………………………………….Full Article: Source


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