Day: July 24, 2024

The latest RICS Global Commercial Property Monitor reveals that Saudi Arabia’s commercial property sector cooled this quarter while remaining firmly positive in outlook. Overall occupier demand recorded a +20% reading this quarter, down from +53% previously. This weakened occupier demand was experienced across retail, office and industrial properties. Results for domestic and foreign investment dropped

Apparel Group, a global leader in retail, has proudly signed a franchise agreement with the global fashion group AWWG, to operate and expand Hackett London stores in Kingdom of Saudi Arabia (KSA) and the UAE starting late 2024. Known for its premium British menswear, Hackett London will be introduced to these key markets as part

Riyadh’s office market continued its strong performance in Q2 2024, as per the latest Saudi commercial market report by Savills, reflecting the strength of the non-oil sector. This sector is considered a key driver of the economy, and it grew by a solid 3.4% year-on-year in the first quarter of this year, exceeding initial estimates.