"This is Savills second office in the Kingdom with the first located in Riyadh "

"Average prime residential rents across 30 cities tracked by Savills rose 5.9% in 2022.Over the same period, average capital values in the cities increased 3.2%.Dubai, Singapore, Miami and Milan set to lead the Savills prime residential world cities index in 2023"

"Middle East economies prove resilient to the global headwinds of higher inflation and rising interest rates"

"Since the end of Q1 2022, real estate markets across the Globe have been increasingly challenged by geopolitical events, macro-economic issues and policy responses thereto. Despite this the Group performed ahead of its previous expectations for the year and substantially ahead of the 2019 “pre-COVID” comparative period."

"Savills records growing interest from Middle East buyers, among others "

"Investment into the world’s office markets fell sharply in Q3 2022, however, in its latest Capital Markets Quarterly report, Savills says that there is plenty of capital still circulating poised to target the best assets, as well as any areas of discount, as debt-backed buyers withdraw and others pause decision-making."

"Dubai’s net effective cost to occupiers of prime office space stood at USD 108.7, up 3% QoQ.Higher fit-out costs due to inflation and increased rents are contributing to total net effective costs."

"The global growth of the branded residences sector is forecast to continue, with the Middle East leading the charge by pipeline growth. By scale of increase from current supply of branded residence schemes, Egypt, Saudi Arabia, Cyprus, Qatar, and Costa Rica each recorded growth of more than 300%."

"Experts says that legislation, incentives and technology adoption are key factors to achieve sustainability in the Real Estate Sector. The International Financial Cooperation estimates that green buildings represent a $24.7 trillion investment opportunity by 2030 across cities in emerging markets. Egypt has invested $ 324 billion to achieve sustainable development initiatives to reduce emissions and improve infrastructure"

"Leading global real estate advisor Savills released its latest research analysing Oman’s real estate market performance. The report provides a comprehensive snapshot of the Sultanate’s macroeconomic environment whilst focusing on the residential and commercial real estate sectors."