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Industrial | Middle East


According to global property advisor CBRE, strong international investor appetite for logistics real estate fuelled by e-commerce growth and demand for last-mile logistics, combined with an abundance of institutional capital in the global market, is driving increased investment in the sector that is expected to continue in 2018.


Skyscraper land speeds up bureaucratic processes for builders


Dubai's vision to diversify its economy further and establish itself as a thriving global business hub has accelerated business activity in a number of innovative industries, in turn spurring a new stream of demand for industrial space.


According to Cluttons, a rise in build-to-suit developments in Oman is predicted as occupiers seek a tailor made approach to commercial developments.


DP World Ltd. (DPW), the operator of ports from China to Peru, agreed to buy an industrial parks company for $2.6 billion in a deal that may help Dubai World pay debt five years after its near default roiled global markets.


The real estate sector in Dubai is expected to emerge as one of the principal beneficiaries of the development of Al Maktoum International Airport, according to property firm Cluttons.


One only needs to look beyond its iconic skyline at mile after mile of sand to be reminded that Dubai is first and foremost a desert city. With summer temperatures often reaching a sweltering 104 degrees Fahrenheit, or 40 degrees Celsius, the air conditioned walkways of Dubai’s many shopping malls provide a safe haven from the scorching sun.