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FINANCIAL NEWS
Demand in Dubai’s industrial market continues to thrive
21 Jul 2016
(MENAFN) Demand in Dubai’s industrial market remained buoyant in the first six months of this year, with occupiers moving and expanding their operations in greater numbers.
The occupiers still expanding their operations towards Dubai South, pre-empting the expansion of Al Maktoum International Airport and the World Expo in 2020.
Moreover, key areas such as Jafza and onshore locations such as Dubai Investments Park continue to command a great share of occupier interest.
“Interestingly, rents for Class A units in areas around Al Maktoum International Airport now stand at USD16.3 per sq ft”, the head of research at Cluttons said.
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