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23-06-14

Dubai Investments Park transactions up 50 percent in Q1

(MENAFN) Dubai Investments Park (DIP), the largest integrated commercial, industrial and residential community in the Middle East, posted a 50 percent rise in the transactions number within the development in the first quarter of the current year, according to Arabian Business. In March 2014, the number of transactions was 367, while in February reached 376, and 260 transactions in January. In December 2013 alone there were a total of 400-plus transactions, consisting of 381 sub-leasing and 19 transfers. The sharp surge comes amidst heightened demand and business optimism following Dubai"s successful bid to host Expo 2020.