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Landlords offer 'plug and play' offices PDF Print E-mail
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Monday, 10 August 2009 03:54

Landlords looking to lease their offices as soon as possible are cashing in on the 'plug and play' concept in Dubai these days. Tenants get fitted-out offices and can start operations from day one without having to incur any expenditure.

This is the latest trend that is being witnessed in the office leasing market besides the rent-free period that landlords are doling out to tenants in Dubai.

"In the past, 85-90 per cent of offices that were leased out in Dubai were not fitted-out. Now, landlords are giving fitted-out offices in many locations," Porush Jhunjhunwala, Manager, Commercial Leasing at Better Homes, told Emirates Business.

New tenants have an excellent opportunity to select quality premises and owners of buildings that are entering the market have to offer fitted-out offices as an inducement, as the demand for shell-and-core properties dwindles in the city.

Landlords offer 'plug and play' offices

Last Updated on Monday, 10 August 2009 03:56
 
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