{"id":72209,"date":"2024-12-07T10:41:03","date_gmt":"2024-12-07T07:41:03","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=72209"},"modified":"2025-11-26T00:41:16","modified_gmt":"2025-11-26T00:41:16","slug":"%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d9%85%d9%83%d8%a7%d8%aa%d8%a8-%d9%81%d9%8a-%d8%a7%d9%84%d8%b1%d9%8a%d8%a7%d8%b6","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/72209\/","title":{"rendered":"Riyadh's office market Unprecedented recovery supported by growing demand"},"content":{"rendered":"<p>Saudi Arabia's capital Riyadh is witnessing an unprecedented shift in the <strong><a href=\"https:\/\/amlak.net.sa\/en\/71649\/\">Offices<\/a><\/strong>driven by Saudi Arabia's Vision 2030 and economic strategies that have made it a regional business center.<\/p>\n<p>As he testifies <strong><a href=\"https:\/\/www.alarabiya.net\/aswaq\/special-stories\/2024\/11\/21\/-savills-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%B9%D8%AF%D8%A9-%D8%B9%D9%88%D8%A7%D9%85%D9%84-%D8%AA%D8%AF%D8%B9%D9%85-%D9%86%D8%B4%D8%A7%D8%B7-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D9%85%D9%83%D8%A7%D8%AA%D8%A8-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6\">Office market<\/a><\/strong> In Riyadh, demand for office space has increased and rental rates have risen significantly as Riyadh becomes one of the most prominent business capitals in the Middle East.<\/p>\n<h4><span style=\"color: #800000;\"><strong>A favorite destination for local and international companies<\/strong><\/span><\/h4>\n<p>According to a report by Savills, Riyadh has become the top choice for local and international companies, as the city has witnessed a major economic boom fueled by Saudi Vision 2030, which focuses on diversifying the economy away from oil. This trend has made Riyadh an attractive destination for more than 120 foreign companies, including global firms such as Goldman Sachs and Frost &amp; Sullivan, which chose the capital as their regional headquarters this year.<\/p>\n<h4><span style=\"color: #800000;\"><strong>A jump in foreign investment<\/strong><\/span><\/h4>\n<p>Foreign direct investment (FDI) increased by 23.4% in the second quarter of 2024, reaching SAR 11.7 billion (about $3.12 billion). This significant increase reflects the growing confidence of international investors in the Saudi market, driven by ambitious economic policies and encouraging investment incentives.<\/p>\n<p><span style=\"color: #800000;\"><strong>Record occupancy rates and growing demand<\/strong><\/span><\/p>\n<p>Grade A office space recorded occupancy rates of 98%, while rents in prime areas increased by 19% year-on-year. Highlighting this growing demand is the role of the technology and media sectors, which accounted for 40% of leasing activity, followed by the consulting and FMCG sectors with 20% each.<\/p>\n<p>The regional headquarters program has been instrumental in attracting foreign companies, offering attractive incentives including Saudization exemptions, tax benefits, and expedited visa procedures. With the modernization of the investment regime expected in 2025, Riyadh's attractiveness to foreign investors is expected to increase by strengthening their rights and easing regulatory restrictions.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Major projects and new office space<\/strong><\/span><\/h4>\n<p>To meet growing demand, Riyadh is working to add 1.6 million square meters of high-quality office space by 2028. Mega projects such as the Mohammed Bin Salman Nonprofit City and Diriyah Gate are reshaping the capital's business landscape, while providing a modern and integrated working environment for global companies.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Riyadh: A strategic gateway for global companies<\/strong><\/span><\/h4>\n<p>With continued growing demand and infrastructure improvements, Riyadh is quickly becoming a major attraction for global companies looking to establish a presence in the region. The capital offers a flexible and integrated business environment, making it one of the most prominent investment destinations in the Middle East.<\/p>\n<p>With such exponential growth, Riyadh is expected to continue to lead regional shifts in the office market, offering unparalleled opportunities for local and international businesses alike.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>\u062a\u0634\u0647\u062f \u0627\u0644\u0639\u0627\u0635\u0645\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u062a\u062d\u0648\u0644\u0627\u064b \u063a\u064a\u0631 \u0645\u0633\u0628\u0648\u0642 \u0641\u064a \u0633\u0648\u0642 \u0627\u0644\u0645\u0643\u0627\u062a\u0628\u060c \u0645\u062f\u0641\u0648\u0639\u0629 \u0628\u0631\u0624\u064a\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 2030 \u0648\u0627\u0644\u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0627\u0644\u062a\u064a \u062c\u0639\u0644\u062a \u0645\u0646\u0647\u0627 \u0645\u0631\u0643\u0632\u064b\u0627 \u0625\u0642\u0644\u064a\u0645\u064a\u064b\u0627 \u0644\u0644\u0623\u0639\u0645\u0627\u0644. \u0643\u0645\u0627 \u064a\u0634\u0647\u062f \u0633\u0648\u0642 \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636 \u062a\u0632\u0627\u064a\u062f \u0627\u0644\u0637\u0644\u0628 \u0639\u0644\u0649 \u0627\u0644\u0645\u0633\u0627\u062d\u0627\u062a \u0627\u0644\u0645\u0643\u062a\u0628\u064a\u0629\u060c \u0648\u0627\u0631\u062a\u0641\u0627\u0639 \u0645\u0639\u062f\u0644\u0627\u062a \u0627\u0644\u0625\u064a\u062c\u0627\u0631 \u0628\u0634\u0643\u0644 \u0645\u0644\u062d\u0648\u0638\u060c \u0648\u0630\u0644\u0643 \u0628\u0627\u0644\u062a\u0632\u0627\u0645\u0646 \u0645\u0639\u00a0 \u0627\u062a\u062c\u0627\u0647 \u0627\u0644\u0631\u064a\u0627\u0636 \u0644\u062a\u0643\u0648\u0646 \u0625\u062d\u062f\u0649 \u0623\u0628\u0631\u0632 \u0639\u0648\u0627\u0635\u0645 \u0627\u0644\u0623\u0639\u0645\u0627\u0644 \u0641\u064a \u0627\u0644\u0634\u0631\u0642 \u0627\u0644\u0623\u0648\u0633\u0637. \u0648\u062c\u0647\u0629 \u0645\u0641\u0636\u0644\u0629 \u0644\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0645\u062d\u0644\u064a\u0629 &#8230; <a title=\"Riyadh&#039;s office market Unprecedented recovery supported by growing demand\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/72209\/\" aria-label=\"Read more about \u0633\u0648\u0642 \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636.. \u0627\u0646\u062a\u0639\u0627\u0634 \u063a\u064a\u0631 \u0645\u0633\u0628\u0648\u0642 \u0628\u062f\u0639\u0645 \u0645\u0646 \u062a\u0632\u0627\u064a\u062f \u0627\u0644\u0637\u0644\u0628\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":53670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[97],"tags":[],"class_list":["post-72209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-commercial"],"acf":{"amlak_post_excerpt":"\u0633\u062c\u0644\u062a \u0627\u0644\u0645\u0633\u0627\u062d\u0627\u062a \u0627\u0644\u0645\u0643\u062a\u0628\u064a\u0629 \u0625\u0634\u063a\u0627\u0644\u0627\u064b \u064a\u0635\u0644 \u0625\u0644\u0649 98% \u0648\u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a 19% \u0645\u0639 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0623\u062c\u0646\u0628\u064a\u0629 \u0628\u0642\u064a\u0645\u0629 11.7 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0633\u062c\u0644\u062a \u0627\u0644\u0645\u0633\u0627\u062d\u0627\u062a \u0627\u0644\u0645\u0643\u062a\u0628\u064a\u0629 \u0625\u0634\u063a\u0627\u0644\u0627\u064b \u064a\u0635\u0644 \u0625\u0644\u0649 98% \u0648\u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a 19% \u0645\u0639 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0623\u062c\u0646\u0628\u064a\u0629 \u0628\u0642\u064a\u0645\u0629 11.7 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644"}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-300x216.jpg",300,216,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 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