CPI Financial

According to Jesse Downs, Director of Research & Advisory Services at Landmark Advisory commercial office supply is set to virtually double in Dubai and Abu Dhabi over the next three to four years. She said, “New commercial properties coming online will infuse the market with higher quality office supply and drive down office rents, making both cities more attractive centres for business. The market now needs stimulus initiatives to leverage the improved affordability and to encourage the growth of industries that will diversify the local economies and fill the expanding vacancies projected over the next three to four years.“