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Commercial

Offices, business demand, income

Commercial space is underwritten on the income it can hold and on who can physically occupy it. Browse the shelves below.

2 listed7 shelvesResidential market

Shelves in review

Entries in reviewData pending
  • Under DSG reviewNo commercial research is published right now.
  • Entry offices1 listed
  • Income focusThis shelf is open. Nothing is listed here yet.
  • Premium location1 listed
  • Larger spaceNo larger-plate position is published yet. Entries appear here when the floor, the services and the occupier set have each been checked.
  • Coming soonThis shelf is open. Nothing is listed here yet.

What we check, in this order

  1. 01

    Who can occupy it

    The realistic tenant set, named — not 'businesses'.

  2. 02

    Floor plate and core

    What layouts the shell actually permits.

  3. 03

    Building services

    Power, cooling, lifts, loading, parking ratio.

  4. 04

    Management

    Who runs the building, and what that has cost tenants.

  5. 05

    Lease structure

    Term, escalation, break, and who pays for what.

  6. 06

    Exit

    Who the next buyer is, and what they will be buying.

What would make this wrong

  • Commercial demand is tied to business cycles, and a vacancy is measured in quarters rather than weeks.
  • Re-letting costs are real and are usually left out of the yield quoted to a buyer: fit-out contribution, agency, rent-free period, and the void itself.
  • A single-tenant asset is a concentrated credit position, whatever the building looks like.
  • Service charges are set by the building, not by the owner, and they move.

Suited toCapital that wants an income line it can plan around, and can accept a longer and less liquid sale process in exchange for it.

This is research and commercial information, not regulated financial advice. Dubai Sky Group is a licensed real estate brokerage, not an investment adviser.