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Dubai had the highest office vacancies in Q2, 2012
Sep 7, 2012


When businesses slow down, some impact gets rubbed off on office vacancy rates in cities. As today's chart of the shows Dubai had the highest number of office vacancies in the second quarter of 2012 as the city still grapples with the property bust. Vacancy rate in Mumbai is also on the higher side and could probably be attributed to higher office rents not finding many takers in the city especially when the Indian economy has slowed down. Interestingly, London offices remained fairly occupied even though rents there were the highest during the quarter at a time when the UK economy is not doing particularly well.

Data Source: The Economist

This Chart Of The Day was published in The 5 Minute WrapUp - The way to profit by going against the crowd

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