Almost three years after Watermark Business Park was put up for rental, there have been few takers for the office block that boasts a man-made lake.
Farhana Hassanali, the Hass Consult head of development consulting and research, blames the situation on the harsh economic times that hit the real estate sector in 2017 and also on the fact that office spaces take a longer time to get fully occupied due to the nature of commercial tenancies that are typically five years at a minimum.
