Jones Lang LaSalle, the world’s leading real estate investment and advisory firm today announced that it has advised the seller on the successful disposition of a large prime commercial asset located within Dubai International Financial Centre in Dubai, UAE.
Building 6, which is leased to global multinational firms such as UBS, Nomura, Rothschild & Clifford Chance, is located within the Gate Precinct District and has been acquired by a Dubai based investment company.
“During the marketing campaign for this asset, we found significant interest within both regional and international buyers. This corroborates that a strong interest exists for high quality, well located, income producing assets within Dubai. It also confirms that locations such as DIFC are high on investors mind, given its legal and ownership statutes,” Gaurav Shivpuri, Head of Capital Markets for Jones Lang LaSalle in MENA, who led the mandate, said.
“This transaction highlights the requirement for professional real estate transaction management services for such high quality real estate assets. Jones Lang LaSalle, with its strong presence in Dubai and our ability to access investors across the world, will continue to play an active role in supporting and advising its clients for such real estate investments,” Alan Robertson, CEO for Jones Lang LaSalle in MENA, said.