05.08.2011 - Dubai’s peculiar commercial real estate problem
Finding office space in Dubai should be a snap: The office vacancy rate stands at more than 40 percent. Yet after searching fruitlessly for more than two years, Standard Chartered, the U.K.’s third-largest bank, decided to put up its own tower. When construction is complete in 2012, it will occupy 8 of the building’s 13 floors..............................................Full Article: Source
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