Abu Dhabi to expand office space as occupancy rates surpass 95% due to hedge funds
RIYADH: Hedge funds flocking to Abu Dhabi have pushed office occupancy rates over 95 percent, prompting a call for an increase in business-centric real estate.
Up from 91.3 percent in the first quarter, tenancy levels at the four towers in Abu Dhabi Global Market, situated on Al-Maryah Island, are now nearly full, according to Bloomberg.