Occupier demand in the UAE's commercial property market fell for the third consecutive quarter in 2Q16, with 23% more surveyors reporting a fall in tenant interest, according to a new report by the Royal Institution of Chartered Surveyors (RICS). The report showed that the supply of available space continued to increase, as the development activity of recent years fed into the marketplace. It added that the impact of the regional economic slowdown had also led to more vacancies. (Arabian Business)
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