With work-from-home in full swing due to the current global pandemic, the UAE’s office sector will be driven by greater…
Browsing: JLL
JLL’s recent report with The Business of Cities titled ‘Demand and Disruption in Global Cities’, aims to understand the rapidly…
According to JLL’s latest UAE Market report, the Abu Dhabi hotel market maintained healthy performance levels over the past quarter…
One of the major factors contributing to the decline in real estate rents and prices in Dubai over the past…
The UAE’s industrial and logistics space is increasingly attracting global investor interest, with the recent sale-and-leaseback of Transworld Group’s logistics…
Progress on major infrastructure enhancements and increased connectivity are expected to boost Makkah’s tourism capacity and create a wave of…
Increased government spending and progress on giga-project developments provide a catalyst for future investment opportunities in Saudi Arabia, outlines JLL’s 2018 Year in Review report.
With stronger oil revenues and progress on new social reforms, GDP growth levels are expected to register 2.4% in 2018 according to Oxford Economics, up from -0.9% in 2017. 2019 is expected to witness ongoing activity on the back of the Kingdom’s largest ever expansionary budget (SAR 1 trillion in spending), and commitment to driving economic growth in line with Vision 2030’s objectives.
Dubai Government has made announcements designed to promote foreign investment in Q2 2018, which is likely to boost demand in the office market, says JLL.
Dubai has retained its position as the MENA regions most transparent real estate market with a range of new government initiatives.
The next decade is expected to witness a growth in private debt in the Middle East, with diversified capital sources set to boost real estate market.