Dubai Leads GCC as a Preferred Base for Corporate Occupiers across Key Sectors

  • Date: 22-Oct-2020
  • Source: Dubai Chronicle
  • Sector:Technology
  • Country:UAE
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Dubai Leads GCC as a Preferred Base for Corporate Occupiers across Key Sectors

Contrary to the sharp slowdown in domestic economic activity the city continued to record exceptional growth in Foreign Direct Investments (FDI) during H1 2020 with 190 projects worth AED 12 Billion

Strong increase in demand for international quality developments

Majority of enquiry levels and transactions during H1 2020 were for small and medium sized office space

Most landlords have been working closely with tenants to help them through the challenging period

According to the latest Dubai Office Report from Savills, the leading global real estate advisors, leasing activity remained largely stable during the first half of 2020 despite strong headwinds caused by the COVID-19 pandemic. Similar to the last few