DUBLIN--(BUSINESS WIRE)--The "Riyadh Office Real Estate Market by Major Projects (Elegance Tower, Al Saedan Towers, Tijan Plaza, Hamad Tower, Tatweer Tower) - Outlook to 2021" report has been added to ResearchAndMarkets.com's offering.
The report covers current and future retail demand and supply on the basis of gross leasing area. Retail mall categories along with their annual rental rates have also been presented in the report. In addition, current and future supply gap along with upcoming retail projects have also been showcased in the report. This report will help industry consultants, real estate and construction companies, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Evolution of the retail sector has transformed the Kingdom's landscape from small unorganized retail outlets and line shops to the development of large scale shopping malls with international brands, entertainment zones and world class hypermarkets. The primary reason for this trend is because retailers have realized the higher footfall from regional and super regional malls as a result of integrated spaces and shift in consumer shopping experience towards leisure and entertainment.
Apart from the rising tourism in Riyadh, more domestic households opting to stay within the country during vacations have resulted in higher retail earnings. Saudi Arabian General Investment Authority (SAGIA) had announced during 2015 to allow 100% foreign ownership in retail businesses. This move is expected to increase demand for retail space by international brands in the coming years.
Retail Mall Categories
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Saudi Arabia Retail Real Estate Market
4. Riyadh Retail Real Estate Market
5. Analyst Recommendations
6. Case Studies
- Elegance Tower
- Al Saedan Towers
- Tijan Plaza
- Hamad Tower
- Tatweer Tower
For more information about this report visit https://www.researchandmarkets.com/research/r4tf5k/riyadh_office?w=4