Cityscape expert view

Tue 05 Oct 2010 06:00 PM GST

AB TV speaks to industry experts at Cityscape Global for the inside track on the Gulf-wide real estate correction. Nicholas Maclean, the managing director of property consultants, CB Richard Ellis, discusses the extreme measures some UAE landlords may have to take to get tenants into their commercial buildings.

 

Omar Al Kadi, president and managing director of the Saudi-based Injaz Development Company gives AB TV a status update on his company’s two projects and discusses the impact that the long-awaited mortgage law will have on the real estate industry in the kingdom.

 

Niall McLoughlin, senior vice president marketing and communications for Dubai-based Damac, gives his thoughts on why Dubai real estate prices have already hit rock bottom.