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Message: GCC real estate market is the fastest growing in the world

GCC real estate market is the fastest growing in the world

posted on Mar 23, 2007 12:12PM
The Gulf Cooperation Council’s (GCC) retail real estate market is the fastest growing in the world, with more than 16.35 million square metres (m²) of Gross Leasable Area (GLA) expected to be completed by 2010. The increase represents a massive 565 percent growth in the available GLA found in the region since 2000, up from 2.46 million m² at the start of the millennium.
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