In the next two or three years in the emirate, probably not so much new projects will be started from the bottom due to investor interest, lack of funding and precyscheniya market. Earlier this month, the agency Colliers International said that in Dubai, one of the four empty houses, as well as a quarter of all office space. The consulting company Landmark Advisory warns that there will be more willing to 340,000 housing units by the end of this year. "The market is saturated with apartments and commercial real estate. Most developers are not going to start new construction projects, while real estate prices will go up again, "- said CEO of Landmark Advisory Charles Neil in an interview with Maktoob Business. "Of course, one of the main problems is excess supply," - said the regional Managing Director of Jones Lang LaSalle Blair Hagkull. "If all the projects that are now under construction, will be completed in the next two or three years, it can further worsen the situation", - he added. On this Site business.maktoob.com
Dubai does not plan to build new facilities
27.10.2009
Homesoverseas.ru editorial office
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