Posted by Neil King
The organiser of the Office Exhibition - a leading, trade event for office fit-outs in the Middle East - has pointed to the rapid growth of Dubai's office occupancy rate ahead of the event next year.
In a statement, DMG Events noted that Dubai has the fastest growing occupied office market in the world on a per capita basis when calculated on net absorption between 2008 and 2010, according to Jones Lang LaSalle.
"Add to that an estimated $761 billion worth of active commercial real estate projects across the GCC and the outlook for interior refurbishment and fit-out work appears positive," it added.
The company's comments came as it promoted the Office Exhibition 2011, which is due to be held at the Dubai World Trade Centre from May 17th to 19th.
DMG Events said more than 60 per cent of exhibition floor space has already been sold for the event which, it claims, offers the best business, networking and education platform for the region's architecture and design community.