08.06.2011 - Riyadh real estate market gains increasing momentum
Jones Lang LaSalle, the world's leading real estate investment and advisory firm, today released its latest “Riyadh Real Estate Market Overview – Q1 2011” covering the Riyadh office, residential, retail and hospitality market segments. According to the report, the Riyadh real estate market is expected to experience strong demand on the back of improving economic indicators like oil prices and real GDP growth now projected at 5.7%. This positive outlook is further strengthened by the government’s recently announced stimulus package that aims to invest significant public capital into a broad range of public sector developments and infrastructure projects...............................................Full Article: Source
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