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Riyadh Market Snapshot H2 2018

The CBRE Riyadh Market Snapshot 2018 highlights a number of key economic and social initiatives driving the growth in the real estate sector.

Key findings include:

  • Office: Greater demand for office space catering to SMEs and start-ups in Riyadh, in line with initiatives to stimulate private sector growth
  • Hospitality: Hotel occupancy up 3% year on year in Riyadh, with 5,760 keys to be delivered by 2022
  • Residential: Existing supply in Riyadh stood at 1,252,000 residential units in 2018 with an expected delivery of a further 130,000 units by 2022
  • Retail: Oversupply is a challenge, but the growing entertainment sector presents promising opportunities for diversification of retail portfolios across the Capital

Contact Us

Simon Townsend
General Manager (KSA), Advisory & Transactions
+971 4 437 7285
Gabriella De La Torre
Director, Strategic Advisory 
+971 52 779 4149
Asma Dakkak
Senior Manager, Consultancy Strategic Advisory
+971 526409516

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