Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
With positive government interventions to bring in more investors and diversify Bahrain's real estate market, retail remains a significant area of growth in the Kingdom's property sector.
The recently announced Emirates Towers Business Park is set to become Dubai's most defining commercial development in over 10 years.
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.
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.
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