05.08.2011 - Saudi landlords forced to get creative in supply glut
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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