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Key Points
- JLL has a major footprint in the Middle East, managing and leasing properties in Dubai and Abu Dhabi in the United Arab Emirates and in Riyadh, Saudi Arabia.
- CEO Christian Ulbrich said the business impacts of the Iran war depend on how long the conflict lasts.
- “It’s a tragedy from a point that the region was on a really strong growth trajectory, and this is, at the moment at least, interrupted for the time being,” Ulbrich said.