Sunday 10 March 2019

Demand for prime #UAE real estate strong despite headwinds, says Knight Frank - The National

Demand for prime UAE real estate strong despite headwinds, says Knight Frank - The National:

Investor appetite for quality UAE real estate remains strong despite broader market challenges, with primary office, logistics and healthcare assets most in demand, according to a report by global property consultancy Knight Frank.

“We expect a fairly resilient market for well-let, institutional quality, single-ownership assets, which will continue to attract investor interest,” Knight Frank’s UAE investment market report for 2019, published on Sunday, said.

Over the course of 2018, UAE real estate investment yields were subject to upward pressure, led by higher financing rates and diminished investor risk appetite.

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