The ongoing drive for economic diversification, the surge in digital adoption and e-commerce, and the rising flexible job market are triggering demand for different types of commercial real estate
commercial real estate
Latest in commercial real estate
commercial real estate
Saudi warehouses hit 98% occupancy amid industrial boom
Riyadh rents up 16%, Jeddah at 97% capacity as demand outpaces supply, Knight Frank report shows
commercial real estate
Emaar announces rent support for lake-facing F&B outlets in Dubai Mall, Souk Al Bahar
Emaar will waive rent for affected terrace spaces for four months
commercial real estate
Jafza expands logistics park with $24mn investment
Currently, Jafza hosts 10,890 companies from 150 countries, supporting over 160,000 jobs and contributing AED620 billion in annual trade
Bahrain real estate
Bahrain property market shows steady progress in 2024
Introduction of long-term residency options, like the Golden Visa, has been instrumental in boosting investor confidence
Arcapita
King Abdullah Economic City, Arcapita partner to develop ESG-compliant warehousing in Saudi Arabia
The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-quality investors
Burj Khalifa
EXCLUSIVE: Dubai’s highest office space draws global fund interest at $12.2 million
The same building recently listed the world’s highest residential property, dubbed “Sky Palace,” for $51 million
commercial real estate
Dubai commercial real estate boom: Prime office spaces set for 12% value appreciation in 2025
Dubai International Financial Centre and Business Bay areas expected to see up to a 20% rise in rentals this year upon renewals in Grade A and B buildings
commercial real estate
Saudi Arabia: Strong demand from global firms drives Riyadh office market boom: Report
Grade A occupancy rates reached an impressive 98 per cent in Q4 2024, driven by a shortage of prime office spaces and sustained business confidence
commercial real estate
AB Majlis podcast: Major London exodus fuels Dubai’s premium office boom, says Savills’ Toby Hall
Dubai’s office rents have jumped 44% year-on-year, with Business Bay leading the surge
Al Marjan Island
UAE real estate developer eyes commercial expansion with luxury business centre brand
Almal Real Estate Development is expanding into commercial market in UAE, eyes Bali and Thailand projects
Abu Dhabi
UAE holiday guide; Saudi visa rules; Dubai real estate records; Coldplay in Abu Dhabi – 10 things you missed this week
UAE holiday planning, Saudi visa rule updates, Dubai real estate records, Coldplay in Abu Dhabi and more top news stories this week
commercial real estate
Saudi Arabia’s Jeddah Tower to serve as magnet for surge in global investment in the Kingdom, say experts
The ambitious project, projected to be 180 meters taller than the reigning title holder for the world’s tallest building, Burj Khalifa, when completed
commercial real estate
Arcapita and Flow to develop 80,000sqm logistics complex in Riyadh
Will include cold storage, dry storage, temperature-controlled facilities, and specialised spaces for pharmaceutical and hazardous goods
commercial real estate
Revealed: Demand for industrial real estate hitting sky high in Dubai amidst influx of companies seeking entry, expansion
The demand surge is driving up real estate prices and commercial rents, threatening to push up capital and operational costs for setting up industries and operating manufacturing facilities in the emirate
commercial real estate
Saudi real estate: Grade A offices hit 98% occupancy as global firms rush in
To meet surging demand, Riyadh plans to add more than 1.6 million square metres of Grade A office space by 2028
Abu Dhabi
Aldar and Mubadala break ground on new Abu Dhabi office towers ‘One Maryah Place’
Two connected towers on Al Maryah Island to offer 98,000 square metres of new Grade-A office space as demand soars in Abu Dhabi