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Jeddah warehouse & logistic market driven by strong fundamentals

With the Government of Saudi Arabia targeting a contribution of 20% of GDP from the industrial sector by 2020, up from 10% in 2013, Jeddah’s warehous

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SAR 1 billion mixed-use development launched in Riyadh

Cayan Group, a leading property developer and real estate investment group in the Middle East, have collaborated with KSA based partners, Al Ajlan Holding and Al Saeed

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JEDDAH – HOSPITALITY SECTOR OUTPERFORMS

Jeddah’s real estate market entered 2015 on a healthy note, says Jamil Ghaznawi, National Director & Country Head – KSA, JLL.

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BOOST FOR BAHRAIN RETAIL

Recognised by the World Bank as a high-income economy, Bahrain has seen stable development of its real estate market over recent years with the domination of the retail sector that witnessed several...

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Cayan Group expands into Europe

Cayan Group, one of the Middle East’s leading real estate developers, is making its foray into Europe, commencing with an alliance with Spanish real estate developer, Sarena. The partnership will...

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Emaar Hospitality Group marks expansion with 35 new hotels & serviced residences

Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, announced its expansion plan, highlighted by 35 new hotels and serviced residences to open under...

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KSA economic diversification strategy and impact on the real estate market

The oil dependent economy of Saudi Arabia has announced its first back to back years of budget deficit since 2002. The deficit recorded in 2015 and projected for 2016 is due to the record decline in...

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JLL signs MoU with Saudi Chamber of Commerce to improve transparency

JLL has signed a Memorandum of Understanding (MoU) with the Saudi Eastern Province Chamber of Commerce & Industry to improve transparency in the region’s residential, retail, office and hospitality...

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KSA Government announces regulations for White land Tax

The Council of Ministers met in Jeddah on 13 June 2016 and approved a number of regulations for the introduction of the White Land Tax, JLL reports.

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Saudi Arabia improves real estate transparency

July 2016 JLL’s Global Real Estate Transparency Index ties transparency to real estate investment, business activity and living standards.       The Kingdom of Saudi Arabia (KSA) has moved up the...

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