JLL: Abu Dhabi retail rents stable in 1Q15
Jones Lang LaSalle IP Inc. noted in its Abu Dhabi Real Estate Market Overview for 1Q15 that retail rents remained stable. A number of super-regional malls are expected to open for business from 2018. Around 87,000 square metres of retail GLA is expected to become available by the end of 2015. Most of this is within mixed use developments. JLL noted that Yas Mall has been well received by consumers and retailers in its first full quarter of trading.
Source : 31 March 2015/JLL/Abu Dhabi/RET