Abu Dhabi benefiting from "huge liquidity"
The high level of investment available in Abu Dhabi is helping the emirate develop into a hub for property investment, an expert has suggested.
Peter Sheard, a senior associate at design and planning consultancy Gensler, said that current investment in the region is taking place "against a background of huge liquidity".
Speaking at the WaterfrontExpo conference in Liverpool last week, he claimed that planners in Abu Dhabi – the largest of the United Arab Emirates – are beginning to see more opportunities for development around the waterfront area in Abu Dhabi city.
Mr Sheard said: "A lot of investment is available in Abu Dhabi … This is a city where if it wants to change something then it will change something."
The Abu Dhabi government recently launched a programme called Estidama, which aims to establish guidelines for the sustainable development and maintenance of new buildings.
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