News tagged "Office space"

Dubai continues to generate strong demand for premium office space

Dubai continues to generate strong demand for premium office space

1st October 2018

According to *MENA Herald News report, Dubai continues to generate strong demand for premium office space according to new data released by global real estate consultancy firm CBRE. Total office stock in the emirate stood at 9.21 million sqm of gross leasable area (GLA) in the first half of 2018.  This represents a 14% rise from levels recorded during the same period in 2014. Recent completions in the market further highlight the increased focus on Grade A office space – a trend which is likely to continue with the expected delivery of 1.1 million sqm of new GLA between Q3 2018 and 2020.[..]

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