Dubai
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 →
Job concerns and fall in oil prices impacting property markets in Abu Dhabi
The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report. Overall, residential rental rates decreased by 3% on average with high end property rents down by 4% while there […] The post Job concerns and fall in oil prices impacting property markets in Abu Dhabi appeared first on PropertyWire . Continue reading →
British house builders optimistic about the future despite Brexit
House builders in Britain are optimistic despite market uncertainty and skills shortage but a third regard Brexit as a major challenge, new research has found. The sector’s confidence is reflected in average five year investment plans, increasing 17% year on year and average growth over five years of 28% predicted, up from 25% last year. […] The post British house builders optimistic about the future despite Brexit appeared first on PropertyWire . Continue reading →