UAE built asset wealth $1 trillion

The UAE’s built asset wealth is expected to increase by 7 per cent to $1.69 trillion over the next 10 days

Dubai:The UAE’s $1 trillion of built asset wealth is expected to increase by as much as 7 per cent to $1.69 trillion over the next decade, according to property and infrastructure consultants EC Harris.

The Global Built Asset Wealth Index, released on Monday by EC Harris, said UAE citizen enjoy some of the highest levels of built asset wealth. The alternative economic indicator valued private and public property. including infrastructure of 30 different countries against each other. The UAE ranked 25th overall and is expected to jump two positions by 2022 as its built wealth asset increases to $1.69 trillion. The UAE will be joined by Singapore and Brazil as the expected highest climbers over the next 10 years.

Source: http://gulfnews.com/business/economy/uae-built-asset-wealth-1-trillion-1.1226628

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