19.08.2010 - Dubai: Now is the time to invest in commercial property
From Gulfnews.com: While the focus today continues to be on higher vacancy rates pushing commercial property rents down in Dubai, analysts say a yield of eight per cent is possible on investments in this sector. "In the short-term, there may be a negative impact on general rental rates because of the number of empty offices and future oversupply. However, we do not expect this to affect the return on the assets we're selling as the rentals are locked in for the contract period of three to five years," Porush Jhunjhunwala, head of commercial sales and leasing at Better Homes, said..............................................Full Article: Source
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