03.10.2012 - Real estate recovery limited to premium assets
The real estate markets in both Abu Dhabi and Dubai have witnessed improvements in performance, a report by Jones Lang LaSalle (JLL) shows. The report, published on Monday, predicts selective growth for Dubaiís real estate sector as rents and values continue to improve for prime properties in the hotel, retail and residential segments. It also reveals that despite demand for high quality retail space, the Abu Dhabi market remain tenant-favourable, with rents yet to bottom out...............................................Full Article: Source
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