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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

High supply levels hit Dubai office market

Posted on 16 April 2012

Dubai’s office real estate sector remains highly competitive due to the high levels of supply – touching on 60 million sq ft, with an additional 10 million anticipated by the end of the 2012, a report said.
The effect of such high supply is that vacancy rates have remained high at approximately 40 per cent across the city………………………………………..Full Article: Source


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