Dubai Office Market Defies Global Slump With Influx of Tenants

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Dubai continues to defy a slump in the commercial real estate market that’s battered occupancy rates and rental yields around the world

“There’s strong demand for the central business district, which reveals that customers prefer high-quality offices in a prime location,”, chief executive

officer of Tecom Group, whose tenants include Meta Platforms Inc. and Alphabet Inc., told reporters. On Wednesday, the company reported a 6% increase in revenue.

 

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