Dubai’s Worst Office Buildings Will Be Empty Forever: CBRE

Some Dubai office buildings are so ill-conceived and poorly located that they will never be occupied, while others may command no more than the cost of maintenance, according toCB Richard Ellis Group Inc.

“Some buildings will be permanently vacant and will never be let because they are wrongly located, they are of poor quality or have the wrong legal structure in place,” Nicholas Maclean, Middle East managing director for the U.S. property broker, said in an interview.

Read more at Bloomberg

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