Middle East and Africa Commercial
Real Estate News

Most Exciting Commercial Development in Dubai in 10 Years Announced

Most Exciting Commercial Development in Dubai in 10 Years Announced

The recently announced Emirates Towers Business Park is set to become Dubai's most defining commercial development in over 10 years. Read More »


Technology Companies Driving Demand for Industrial Space in Dubai

Technology Companies Driving Demand for Industrial Space in Dubai

Dubai's vision to diversify its economy further and establish itself as a thriving global business hub has accelerated business activity in a number of innovative industries, in turn spurring a new stream of demand for industrial space. Read More »

Dubai's Commercial Property Market to Moderate in 2017

Dubai's Commercial Property Market to Moderate in 2017

A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market 'bottoming out' before the end of 2017, but the planned introduction of VAT on January 1, 2018 is already causing nervousness amongst existing commercial tenants. Read More »

Global Economic Anxiety Impacting Dubai's Industrial Sector

Global Economic Anxiety Impacting Dubai's Industrial Sector

According to international real estate consultant Cluttons, the global economic anxiety and growth slowdown across regional markets has played a significant role in the decreased demand for industrial real estate in Dubai. Read More »


Click here to search for International Property Listings in Middle East and Africa Commercial News.

Global Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Last Updated July 20, 2017 8:00 AM ET

Middle East and Africa Commercial News Property News

According to CBRE Group, Middle East investment in the global commercial real estate sector reached nearly $10 billion in the first half of 2016.

The impact of the softening global economy continues to hamper the UAE's office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates.

According to international real estate consultancy Cluttons, market demand for office space in Dubai has receded in the past six months.

According to international real estate consultancy Cluttons, demand in Dubai's commercial market remained buoyant in the first six months of 2016.

According to a new report from Transwestern, the Greater Boston office market -- which had a slow start to the year -- closed the second quarter in positive territory.

According to Cluttons, office rents in Dubai's prime free zones held firm during the first quarter of 2016, as occupancy levels remained high in core areas such as Dubai International Financial Centre, Dubai Media City and Dubai Knowledge Village.

According to analysts at the recent Dubai Property Show London 2016, British citizens have emerged as the second largest investors in Dubai real estate.

While Bahrain's residential and office markets continue to soften against the backdrop of an economic slowdown, the retail sector remains the standout performer

Increased geopolitical unrest and low oil prices are having an effect on the UK, driving private Middle Eastern investors towards London-based property assets.

According to international real estate consultancy Cluttons, stability in office rents in Dubai's main markets persisted throughout Q1 2016 as a result of continued high demand from both international and domestic occupiers.

Abu Dhabi-based Aldar Properties announced this week that since the opening of Yas Mall in November of 2014, they have welcomed over twenty million people; eighteen million of whom visited in 2015.

International property consultant Cluttons is now predicting a rise in build-to-suit developments in Oman as occupiers seek a tailor made approach to commercial developments.

Dubai's office market is showing signs of stabilizing, with average rents remaining virtually unchanged across all the city's major submarkets and free zones.

International real estate consultancy Cluttons is now reporting a welcomed the resumption in activity from multinationals in Bahrain, which now account for approximately 25% of office space deals in the Kingdom.

According to Cluttons, a rise in build-to-suit developments in Oman is predicted as occupiers seek a tailor made approach to commercial developments.

According to CBRE, during the first half of 2015, $11.5 billion of capital flowed out of the Middle East into direct real estate globally.

Unprecedented liquidity fueling global investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa.

According to CBRE Group, an average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near-term.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO