UAE, Dubai, March 25 -- The 2019 has witnessed a number of significant real estate transactions in the GCC with the latest AED 289 million sale of Al Murjan, a residential tower in Abu Dhabi, showcasing renewed investor interest for high quality assets, says leading real estate firm JLL.
In what represents the second large regional transaction JLL has advised on this year, the recently announced sale of Al Murjan by Aldar Investments is another indication of the availability of capital in the market and the search amongst both private and institutional investors for institutional grade and stable income generating real estate assets. This transaction follows the successful closing in February of the sale of Lulu Hypermarket's central distr...