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The Abu Dhabi market was characterised by new stock being added to the existing supply over the final quarter of 2011, increasing the range of options available to both tenants and investors. Responding to current market conditions, the Abu Dhabi government has sought to rationalise projects and continued the restructuring of its various real estate investment, management and development entities. While the market is likely to move further in the tenants' favour in 2012, the long term prospects for Abu Dhabi remain positive, with the Executive Council announcing increased levels of government spending and investment in major infrastructure projects such as the first stage of the Etihad railway.
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22 January 2012