Wednesday 15 April 2009

Abu Dhabi to be the strongest performing MENA real estate market over the next two years

Abu Dhabi will be the stand out market for real estate investors, according to findings from the second annual Investor Sentiment Survey, an in depth study of real estate professionals market views conducted by Jones Lang LaSalle in association with Cityscape.

The report also reveals that, increasingly, investors are returning to invest in fundamentals with more weight being attached to regulatory issues and market risks than six months ago. Further, according to investors surveyed, markets will begin to recover in 12-18 months a view consistent with Jones Lang LaSalle’s MENA House View that 2010, will be the ‘vintage’ or optimal year to have invested in.

Jones Lang LaSalle’s Investor Sentiment Survey, incorporates the views of over 200 developers, sovereign wealth funds and high net worth investors, and provides an ideal benchmark for the state of regional real estate markets.

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