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FINANCIAL NEWS
Dubai leads office space market in the region
18 Jul 2016
(MENAFN) Duba leads the office space market in the Middle East and is ranked 23rd globally according, CBRE Global Research and Consulting said.
In detail, the Dubai office occupancy ranking has decreased by four when compared to last year, translating to more affordable office rental space.
Additionally, the study found that Abu Dhabi was ranked as one of the most expensive markets globally in Q3 2015 and has now dropped by 4 ranks according to the global report.
“We continue to see strong demand from international companies primarily seeking to improve the quality of accommodation and/or its efficiency,” managing director of CBRE Middle East said.
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