U.A.E. (Dubai) Real Estate News
U.A.E. (Dubai)
Despite Economic Headwinds, Global Commercial Property Investment Remains Attractive in 2022
According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks address persistent high inflation.
Global Cities Home Prices Rising at Fastest Rate Since 2004
According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.
Global Commercial Investment Hits $282 Billion in Early 2022
According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited in this report are in U.S. dollars.
Residential Sector to Command Larger Slice of Global Property Investment
The sector's share of capital flows will continue to be supported by favorable demographic, economic and capital markets tailwinds which will drive expansion in established markets and accelerate growth in emerging markets in Asia Pacific and Europe.
