UAE Real Estate Market Examined by BMI Now Available at MarketPublishers.com23 Oct 2015 • by Natalie Aster
LONDON – The commercial real estate sector in the UAE has bright prospects in the upcoming years. The projected rising demand for commercial properties and relatively good yields make the country an attractive avenue for the investing community. Nevertheless, the low prices for oil has had an adverse effect on local business and consumer confidence since last year, and the banking sector is toughening regulations in specific areas for financing.
The office sector is expected to demonstrate a trend of steady rental and occupancy rates in 2015-2016. As the economy has gradually recovered from the downturn of 2009, business confidence levels are relatively strong. The ongoing GDP growth is poised to support the stable growth of the tertiary services industry increasing demand for office space. The retail sector will likely benefit from the vast number of tourists and strengthening consumer buying power. Though the UAE's exports market has a risk of weakened demand owing to the slowdown in its key trade partners' domestic markets, the ongoing demand and reduced supply of industrial space in the short run, the outlook for rental rates and occupancy level is quite positive.
New comprehensive report “United Arab Emirates Real Estate Report 2015” elaborated by Business Monitor International (BMI) provides detailed insights into the real estate market in the UAE. The study presents a detailed SWOT analysis, limelights the current political and economic environment in the country, gives an assessment of operational risk matters, and covers industry risk reward index indicators. It provides an overview and outlook of the residential and/or non-residential building sector. The study evaluates the competitive landscape and discusses the leading players in the industry. It presents extensive forecasts of rental rates and yields for the office industry, retail industry and industrial sector. Demographic and macroeconomic forecasts are available in the study as well.
United Arab Emirates Real Estate Report 2015
Published: October, 2015
Price: US$ 1,295.00
More new reports by the publisher can be found at BMI page.