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Jones Lang LaSalle, the world?s leading real estate investment and advisory firm, has released its ?2014 Top Trends for UAE Real Estate?. Now in its seventh year of publication, this highly anticipated research assesses and forecasts the major trends that JLL anticipate are likely to impact and shape the UAE real estate sector over the next 12 months.
Launching the report Mr. Alan Robertson, CEO, Jones Lang LaSalle MENA, said: ?We are excited by the improving macroeconomic climate and many positive underlying fundamentals, which have contributed to our brighter expectations for the UAE real estate market in 2014. Whilst there remains some concern that this momentum could lead to irrational exuberance and a recurrence of some past issues and challenges, JLL considers that the market is smarter and more measured this time around. This is reflected in a degree of healthy caution among both investors and occupiers. In summary, we believe that 2014 will be a relatively positive year for the UAE real estate industry, with most sectors of the market experiencing improved performance.?