Landlords urged to be 'more creative' in Abu Dhabi

11/04/2011 - Dubai Property News Posted by Bob Brunskill
Landlords urged to be 'more creative' in Abu Dhabi

The Abu Dhabi property market is set to be boosted by an increase in rental and sales activity this year.However, landlords must become more creative with their portfolios if they want to attract the best prices and tenants, it has been suggested.According to the latest report from Cluttons, the arrival of a number of delayed projects in the emirate will help to drive demand from investors. The consultancy added that as the new units become available there will be an increase in rental and sales activity.However, it noted that the occupier market will continue to face a number of challenges as a result of slow economic growth and low business confidence."As ever, successful landlords are those that offer most attractive terms and incentives and who recognise the benefits of a fully leaded building against holding out for better rents," Cluttons said."For landlords to remain competitive they will need to be more creative in their offerings and consider breaking up larger shell and core floor plates."