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According to JLL MENA’s Q4 2013 market report
JLL MENA, the world's leading
real estate investment and
advisory firm, has released its
fourth quarter (Q4) 2013 Abu Dhabi Market Overview report covering the office, residential, retail and hospitality market sectors.
David Dudley, concluded: “The short to medium term market outlook remains positive, driven primarily by major government-backed construction and infrastructure projects such as the airport expansion, transport improvements and leisure attractions. However, a long term sustainable market recovery remains dependent on further government initiatives to diversify the economy and generate new long-term sustainable employment growth. A sustainable recovery, is also dependent on the government continuing to implement further supply controls to ensure a balanced real estate market going forward.
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