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Saudi landlords forced to get creative in supply glut

Posted on 05 August 2011

Saudi Arabia may be suffering from a shortfall in residential property, but its biggest cities are seeing an oversupply of commercial space forcing landlords to come up with new plans to entice tenants, according to new research.
A report by real estate consultancy CB Richard Ellis (CBRE) showed that high-end office vacancy rates in Riyadh sit at around 20 percent……………………………………….Full Article: Source


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