JLL offers a detailed analysis of the Dubai real estate market for the first quarter of 2015. The analysis focuses on residential, retail, office and hotel market.
(This article features excerpts from the full report – please download it here)
Although the economy contracted in Q2 for the first time in two years, this followed a particularly robust rebound of 1.8% q/q in Q1. Exports have been driving the economy in recent quarters on the back of a more competitive lira and improving demand from abroad. Deceleration in domestic demand is expected to lead to a slowdown in growth this year compared to 2013, ...
The Q2 2014 RICS Global Commercial Property Monitor results, when taken as a whole, highlight an improvement in overall commercial real estate sentiment. Nevertheless, conditions vary quite markedly across the globe. Consistent with the findings reported in each of the last four global monitors, the UAE and Japan remain at the forefront with respect to the upward momentum ...
1. Shopping centers by provinces in Turkey, their catchment areas, sizes and major tenant;
2. Individual shopping centers losing their functions, their sizes and locations;
3. Shopping centers recovering that had lost their function in previous year;
4. Year-on-year changes and year 2016 expectations of organized shopping center turnovers;
5. Trends in ...
In line with the growth rate at 4.4% as of Q3 2013, the government projection points to continuously strong growth at 4%, although global institutions have not reviewed their projections for Turkey considering the current climate yet.
The political uncertainty started on 17th December 2013 with the corruption investigations targeting the government has impacted financial ...
Hotels in Abu Dhabi capitalised on a surge in demand during March, boosting profits by 14.3%, according to the latest HotStats survey of full-service, four and five star hotels by TRI Hospitality Consulting Middle East.
Doha hotels suffered from a double-digit decline in ARR in March to US$222.17 (approx. €160.716), as greater competition for corporate ...
The general vacancy rate for Class-A office buildings in Central Business Districts (CBD), declined to 15.1%. For Class-B office buildings the vacancy rate was 6.9%.
The average rent for Class-A office buildings in Central Business Districts (CBD) was US$ 31 /m² /month. For Class-B office buildings the average rent in Central Business Districts (CBD) was US$ ...