Global Confidence Spurs Overseas Office Projects

As the international financial crisis that had a significant impact on commercial real estate construction in the United Arab Emirates capital, Abu Dhabi, subsides, some stalled projects are in motion again. The emirates' executive council has announced that, among many notable commercial buildings, a new terminal at the international airport, several premium-quality Grade A commercial buildings, and museum projects tied to the Louvre and Guggenheim, are coming to fruition. The Abu Dhabi International Airport terminal is set to open in 2016. Experts said that growth in Abu Dhabi signals a positive outlook for 2012 for commercial real estate investors and owners internationally.