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‘Torrid’ period over for UAE property

Posted on 06 August 2012

Funds for investment in the UAE commercial property market are beginning to rise with capital values expectations turning positive for the coming quarter - first time since 2008, says the Royal Institution of Chartered Surveyors (Rics).
As per the second quarter 2012 report by the UK-based institution, rents will continue to decline at a slower pace since 2008 due to new supply coming on to the office market, but transaction numbers are set to increase in the third quarter………………………………………..Full Article: Source


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