Dubai´s office landlords go big on rent-free offers
(WorldNews Business)

Dubai: Rental pressures are getting to even Grade A offices in Dubai, with the first quarter seeing average leases rates dropping 3.3 per cent from a year ago. That is on top of a 5.1 per cent dip all through last year, and could get much worse as new supply force landlords to renegotiate even more favourable terms for tenants. That means some landlords are even willing to go as far as offering rent-free periods even for existing tenants. `Rent-free periods, both to existing and new tenants, are...