Riyadh’s office market continues to demonstrate resilience, underpinned by the Kingdom’s solid economic outlook for 2025. Saudi Arabia’s economy is projected to expand by 4.4%, largely driven by a robust 5.8% GDP growth in the non-oil sector, a reflection of the ongoing success of the country’s diversification efforts. Here are some key highlights from the report:
- The recent launch of the Riyadh Metro is improving urban mobility and connectivity across key commercial districts.
- New arrivals in Q1 2025 include PepsiCo, Kaplan, APEX, and Salesforce, reflecting Riyadh’s increasing global appeal.
- Rents maintained their upward trend, increasing by 2.5% quarter-on-quarter and 12% year-on-year.
- By end-2026, more than 900,000 sq m of Grade A space is scheduled for delivery, anchored by landmark projects such as Diriyah Gate and Prince Mohammed bin Salman Nonprofit City (Misk).
Read the full report now for detailed insights.