A Middle East property industry research body aimed at helping developers and governments make better decisions on the market is likely to be operating in the first half of this year.

The Property Research Society, which is sponsored by Aldar Properties, has attracted interest from more than 100 industry players, including bankers, developers, researchers and brokers.

Charlie Acworth, the director of research and head of commercial leasing at Aldar, said the slowdown was a good time to develop such a body, as those involved in the sector had time to better understand and analyse market information.

The National