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Demand for commercial property at four-year high in UAE

Posted on 09 November 2012

The UAE commercial sector is stabilising as demand from occupiers topped neared a four-year high, according to a new report.
The Royal Institution of Chartered Surveyors (Rics), in its third quarter UAE commercial property survey, said: “There was a further gradual recovery in real estate sentiment in the UAE during the third quarter, as occupier and investment indicators improved on the more positive mood seen in the second quarter. Indeed, strong demand for both office and retail space has seen the headline net balance rise to the highest reading since 2008.”……………………………………….Full Article: Source

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