Tuesday 29 July 2014
Saudi real estate

Riyadh office rentals ‘likely to drop over glut’

Rental rates in Riyadh’s office sector could drop by 3 per cent due to extreme oversupply, a report said, adding that rates are likely to remain static in the retail and industrial sector in 2014. Meanwhile, rental rates in


Saudi real estate market 'will weather downturn'

Top oil exporter Saudi Arabia will weather a tough real estate market in 2009 thanks to demand for residential property, outperforming a downward trend in the rest of the Gulf, Moody's Investors Service said on Wednesday. Residential a


Saudi 'more immune' to credit woes

Demand on Saudi Arabia's real estate market will not falter as high oil prices help shield the world's top-oil exporter from the global liquidity squeeze, Emaar's Saudi unit chief executive said. 'Saudi Arabia is more immun


Saudi real estate 'most attractive investment'

Investments in excess of SR680 billion ($180 billion) will be required to meet the growing demand for residential units in Saudi Arabia, which is expected to top 1.3 million units over the next seven years, according to a report. The Saudi

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