MENA
Dubai property sales down by 24% in third quarter of 2016
Residential property sales in Dubai fell by 24% in the third quarter of 2016 compared to the previous quarter and prices and rents were all down slightly, the latest data shows. Villa and apartment prices both fell by 1% and rents were also down 1% quarter on quarter, according the Dubai residential report from international […] The post Dubai property sales down by 24% in third quarter of 2016 appeared first on PropertyWire . Continue reading →
Global office rental growths slowed in third quarter of 2016
Annual rental growth on prime office assets across major global markets slowed to 2.9% in the third quarter of 2016 from 3.4% in the previous quarter and overall global leasing volumes are expected to be up to 5% lower than last year. Office rents increased by 0.5% quarter on quarter, down from 0.8% in the […] The post Global office rental growths slowed in third quarter of 2016 appeared first on PropertyWire . Continue reading →
Global office demand positive despite political and economic upheavals
Global office demand is proving resilient in many of the world’s dominant commercial real estate markets despite increased political and economic uncertainty, new research has found. Although corporate occupiers may be striking a more cautious tone office supply continues to tighten on the back of a shallow development cycle, resulting in continued upward momentum in […] The post Global office demand positive despite political and economic upheavals appeared first on PropertyWire . Continue reading →