Middle East Marketbeat Snapshot Brief
10 Feb, 2011, Dubai
Cushman & Wakefield Middle East releases the latest compilation of Marketbeat Snapshots for the last quarter of 2010. The 3 reports cover the UAE and Bahrain office markets and track changes over the final 3 months of last year along with year on year rents from across the office occupancy markets.
The reports provide outline forecasts for each market going forward into 2011 and give an overview of Investment Focus for the future.
In Dubai market forecasts include a rise in vacancy rates and supply with a stable demand and continuing downward trend in prime rents.
The Abu Dhabi market going into 2011 reflects the expected new supply coming online and expected strong demand for the new quality space.
Bahrain continues to face challenges particularly in reduced demand and falling rents and will be the market to watch closely as the year progresses in the light of current political instability resulting in potentially delayed investment decisions.