More than providing office space, we go beyond the four walls to understand people, their business, and their requirements.
How we can help?
- Acquisition, Disposal and Assignments
- Pre-Let Campaigns
- Traditional and Digital Property Marketing
- Financial Liability Analysis
- Lease Consultancy
- Funding Advice
- Developmental Appraisal and Feasibility Analysis
- Transactional Structuring
Saudi Arabia’s limited stock and affordability constraints underpin fragmented real estate performance in Q1 2023. According to Oxford Economics, Saudi Arabia’s GDP is expected to grow by 1.6% in 2023, down from 8.7% a year earlier, this slower rate of growth is amidst a more challenging global economic backdrop, due to which we are expecting lower levels of oil production and prices for the year, which in turn has led to forecast for oil sector GDP falling by 1.9% in 2023. The non-oil sector, on the other hand, is expected to grow by 4.6% over the same period.