Jones Lang LaSalle real estate services in Abu Dhabi
Over recent years, attention has started to shift from Dubai to neighbouring Abu Dhabi, the federal capital of the United Arab Emirates. Jones Lang LaSalle believes this is a city to watch out for globally – it is well on its way to becoming a regional hub by 2015 and a World Winning City by 2030, sitting alongside the likes of Shanghai, Mumbai in terms of global reach and influence. The city offers shining possibilities for long term growth through substantial wealth creation opportunities, massive infrastructure investment, a clear vision, strong governance and the abundance of investment capital.
Abu Dhabi has ambitious plans to become a truly sustainable world class city, based on infrastructure investment, large scale real estate development, world class cultural facilities and major events, and underpinned by significant population and employment growth. As part of this plan, the Abu Dhabi government has published a number of strategies to set direction of growth to 2030 covering urban planning, economic development and transportation initiatives.
Abu Dhabi’s property markets are currently characterised by short-term shortages of high quality space across all major sectors. This is set to change over the next five years as ‘mega projects’ such as Saadiyat Island, Reem Island and Yas Island come on stream, underpinned by a massive step-change in demand.
Jones Lang LaSalle is playing a lead role in shaping the future development of Abu Dhabi. Advising from strategy through to value realisation and transactions, our experts cover a full range of services including research, valuations, strategic consulting, corporate finance advisory, leasing, investment and capital raising. We cover the full range of asset classes including offices, residential, hotels, retail, leisure, industrial and infrastructure.
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Capturing Value in Abu Dhabi - Realising the 2030 Vision