Dubai is forecast to see another 20-30 million square foot of office space being added to the already cluttered market in the emirate, according to the head of a Dubai-based real estate consultancy.
“The problem is that the delivery schedule by 2012 I think there is another 20 to 30 million square feet of offices coming into the market,” said Nick MacLean, managing director of CB Richard Ellis said on Monday at the Second Arabian Business Conference in Dubai.[Read More]
