Tuesday 7 February 2023
 
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office space

Dubai premium office space 'in big demand'

Dubai continues to generate strong demand for premium office space, according to new data released by global real estate consultancy firm CBRE.    The total office stock in the emirate stood at 9.21 million

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Servcorp opens flagship co-working space in Dubai

Servcorp, a global provider of serviced offices and business packages, has announced the launch of its flagship co-working space, located on Floor 41 of the prestigious Emirates Towers, Dubai. This all-new facility meets the growi

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Servcorp opens flagship co-working space in Dubai

Servcorp, a global provider of serviced offices and business packages, has announced the launch of its flagship co-working space, located on Floor 41 of the prestigious Emirates Towers, Dubai. This all-new facility meets the growi

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Regus opens fourth business centre in Bahrain

Global workspace provider Regus has announced the opening of its fourth business centre in Bahrain. The new centre aims to support Regus’ network expansion in the kingdom as demand for flexible workspace continues to increas

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Servcorp expands Middle East presence

Servcorp, a leading provider of workspace solutions, has opened an additional floor in Beirut’s Louis Vuitton Building, in the heart of the Beirut Souks, as well as a co-working space in the Al Mamoura Complex in Abu Dhabi, UAE.

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Office space demand boosts GCC construction sector

Strong demand for high quality office space is poised to drive the GCC’s construction market to $126 billion in 2016, up 38 per cent over 2013, according to an industry expert. "GCC companies of all sizes are upgrading

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Dubai prime office rents jump 25pc in Q3

A shortage of prime office space in Dubai, UAE, which is being underpinned by robust demand, has created a strong upward pressure on rents across the city, a report said. This is supported by a rapidly diminishing supply of Grade

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Economic growth drives Abu Dhabi office market

Abu Dhabi’s economic expansion across key sectors such as aviation, education, and healthcare, coupled with the continued growth of the hydrocarbon industry is driving increased demand for office and industrial space in the emirate, accord

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Sharjah office rents set to rise amid big demand

With the general economic restructuring now starting to bear fruit in Sharjah, UAE, the demand for top quality office space in the emirate  continues to rise, said a report. The occupiers are focused on Grade A space, similar to th

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Abu Dhabi office market ‘still stagnating’

Despite the on-going drive for economic diversification in Abu Dhabi, the office market is yet to see any benefit, with weak, but stable demand levels leading to a stagnation in commercial rents, a report said. With mixed availabi

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