Growing interest in Dubai's freehold commercial office space
Investor interest in Dubai's freehold commercial office space, despite a sluggish start, is on the rise, said an industry official. For instance, Pegasus Realty has concluded deals worth Dh50 million in the local freehold commercial office space market in two months, said Imtiaz Panjwani, managing director.
"The real estate market for commercial office space is on the upswing and we are confident this trend will continue as entrepreneurs are convinced that investing in office space creates assets when compared to paying rents," he said.
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- AAKAR keen to capitalise on Dubai's growing demand for commercial space