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Abu Dhabi’s property market will struggle in 2013

Posted on 22 January 2013

Abu Dhabi’s property market “remains 18-24 months behind Dubai and is not expected to to experience an upturn in 2013″, according to Jones Lang LaSalle’s MENA region CEO Alan Robertson.
According to the firm’s latest report on the market, the property sector in Abu Dhabi remains “heavily reliant on the Government investing revenue surpluses” in infrastructure and economic development projects in order to stimulate private sector jobs growth and demand for property………………………………………..Full Article: Source


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