Prime office rentals market in Abu Dhabi stirs back to life after six-year lethargy | The National:
"For the first time in six years the capital’s stagnant office market is showing signs of returning to life.
Rents for prime office space in Abu Dhabi increased by an average of 6 per cent during the quarter ended September, said a report from JLL published yesterday. Rents rose to Dh1,640 per square metre from Dh1,540 per sq metre in June.
Experts said that an increase in demand from private sector tenants prompted by boosts in government spending, coupled with a slowdown in the amount of new stock coming to the market, finally pushed up rents for the most expensive buildings."
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