| From Bloomberg: Abu Dhabi office rents fell 27 percent in the second quarter from a year earlier and will drop further as supply increases by more than half through 2012, Jones Lang LaSalle Inc. said.
Vacancy rates reached 8 percent in the quarter and will also probably increase over the coming years, the property broker said in a research report published today. An abundance of supply in neighboring Dubai will help push down rents, Jones Lang said..............................................Full Article: Source |