Saturday, 19 May 2018

Dubai retail sector to expand by 16M sq ft in three years

Amid signs to the contrary, Dubai developers are still putting their faith in malls to deliver. Though the city is showing the tell-tale red flags of slowing consumer spending and increasing vacancy rates, developers are ploughing ahead with plans to add about 16 million square feet of retail space in the form of malls and components within mixed-use complexes over the next three years, according to Bloomberg. But that doesn’t mean Dubai’s developers are building […]



source https://therealdeal.com/2018/05/19/dubai-retail-sector-to-expand-by-16m-sq-ft-in-three-years/

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