Commercial Offices: Upward earnings
<After the decision of compelling foreign companies to establish their headquarters in the Kingdom, the commercial sector has been active to provide commercial offices and exhibitions with international specifications, as a result of which some developers have turned to work in this aspect to meet the expected demand. Amlak newspaper polled some interested parties about investment opportunities in the sector and its impact on supply and demand.Talalal Mutlaq Al-Otaibi - Al-Bunyan Shores Office for Real Estate Services, emphasizing that the size of investment opportunities in the commercial office sector is very large and has excellent profitability returns, expecting that the real estate markets will witness remarkable activity and an increase in the size of foreign companies that will soon open their headquarters in Saudi Arabia, after the government enacted decisions to compel them to do so, creating a high demand for commercial offices, and accordingly their rental and market value will rise.
In terms of prices, he stressed that the investment opportunities in the commercial office sector are very large and have excellent profitability returns.
In terms of prices, Talal Al-Otaibi emphasized that the prices of commercial offices will rise due to the principle of supply and demand, and we will notice the rise in major cities that witness economic activity, while in the rest of the small cities there will be no noticeable change in prices from my point of view.
Talalal Al-Otaibi.
