Oversupply (Supply – Demand Gap) of Office Space in Riyadh is Expected to be Around 10% by 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Research Analysts at Ken Research in their latest publication “Riyadh Office Market Outlook to 2023 – Improving Oversupply Environment Driven by Rise in Demand for Premium Office Space and Upcoming Completion of Smart City and Office Projects” believe that introducing premium offices, offering value added benefits, easing out the lease agreement will contribute to an increase in the total area of office space in Riyadh and would help in decrease of the supply-demand gap. The office market of Riyadh is influenced by a number of factors such as location, commercial activities around the location, ease in commutation and special amenities. The supply and demand disparity in the market has further fuelled the occupancy rates to remain stable throughout 2018. Emergence of International Companies: 100% foreign ownership of companies or properties in various industries, Low minimum capital requirement, ability for foreign investors to sponsor foreign employees and Tax incentives if the company is registered in certain “economic cities” located in the less developed provinces of KSA have relaxed the norms for international companies that are willing to enter Saudi Arabia. Therefore, making it easier for MNC’s to carry out business in Saudi Arabia. Location Preferences: Locations such as King Fahd Road, Eastern Ring Road and Olaya streets are found to have higher occupancy rates because of the premium real estate projects and higher commercial activities available around those areas. There are various options for recreational activities making it likeable for the employees. These regions are also well connected to all parts of the capital city. Al Raidah Digital City (RDC, formally ITCC) continues to gain customers as a result of the restricted pipeline of Grade-A space with occupancy standing at 95% following strong interest from both public and private occupiers. However, the occupancy rate of ITCC will suffer after KAFD handovers remaining stocks in the upcoming years. Eastern Riyadh is observed as the most attractive area for middle income population and it benefits from its connectivity to central Riyadh. This region of Riyadh can be utilized for office purposes as the sale prices are lower in the East of Riyadh along with potential absorption for new developments thus, indicating strong demand for this area. North of Riyadh is evaluated with highest sale prices along highest absorption rates for office spaces including government and private firms owing to better infrastructure and the completion of a number of high profile projects for instance, KAFD, Rafal Tower, and PNU. This region also witnesses the co-working culture quite abundantly. Western Riyadh is the neighbourhood for the city’s High Net worth Individuals’ (HNWIs), particularly in districts such as Khozama and Nakheel. Additionally, upcoming districts in the Western region include Laban, which comprises basically of a very few office infrastructural development catering to unorganized sector only. Low limited developer activities were observed in this region. Key Segments Covered: Type of Office Units Premium Grade A Grade B Others Region Northern Riyadh Central Riyadh Eastern Riyadh Western Riyadh Southern Riyadh Key Target Aud.ience: Real Estate Developers Third Party Real Estate Companies Independent Architects Government Associations Government Agencies Independent Investors Real Estate Consulting Companies Time Period Captured in the Report: Historical Period – 2013-2018 Forecast Period – 2019-2023 Office Project Case Studies Covered: Home Office The Elite Center Motoon Commercial Towers The Cube Aknaz Center Keywords:- Riyadh Office Market Riyadh Office Market Research Riyadh Office Market Research Report Riyadh Office Market Overview Riyadh Office Market Trends Riyadh Office Industry Research Report Riyadh Office Market Sales Riyadh Real Estate Market Assessment of Office Market in Riyadh Office Projects in Riyadh Office Projects in Eastern Riyadh Office Project Development in Riyadh Current Status of Riyadh Office Market Riyadh City Review Factors Affecting Riyadh Office Market For more information on the research report, refer to below link: Riyadh Office Market Research Report Related Reports Singapore Real Estate Market Outlook To 2023 – By Residential Market (New Sales, Re-Sales And Sub-Sales), By Retail Market (Private And Public Retail Space), By Office Market (Private And Public Office Space) And By Hotel Market (Gazetted And Non-Gazetted Hotels) Assessment Of Masterplans In Riyadh – Outlook To 2023 Egypt Facility Management Market Outlook To 2023- By Soft Services (Housekeeping, Security, Landscaping And Others); Hard Services (Electromechanical And Operational Maintenance, Fire Safety And Security Systems And Civil Maintenance) And By End User Sectors (Industrial, Commercial, Residential And Others) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Tags: Affect Of Taxation On Riyadh, Aknaz Center Riyadh, Assessment Of Office Market In Riyadh, Average Occupancy Rate Riyadh, Average Occupancy Rates Of Offices In Riyadh, Average Office Rental Riyadh, Average Rental Rates Of Offices In Riyadh, Case Studies Of Major Office Complexes In Riyadh, Common Big Offices Riyadh, Current Office Demand Riyadh, Current Office Supply Riyadh, Current Status Of Riyadh Office Market, Factors Affecting Riyadh Office Market, Future Office Demand Riyadh, Future Office Supply Riyadh, Future Offices In Riyadh, Home Office Riyadh, Infrastructure Development Cost Riyadh, Investment Opportunities Riyadh Office Market, Key Expected Upcoming Office Projects In Riyadh City, Land Price Assessment Central Riyadh, Land Price Assessment Eastern Riyadh, Land Price Assessment Northern Riyadh, Land Price Assessment Riyadh, Land Price Assessment Southern Riyadh, Land Price Assessment Western Riyadh, Major Offices In Riyadh, Metropolitan Sub-Centers Riyadh, Motoon Commercial Towers Riyadh, Number Of Land Transactions Riyadh, Number Of Offices Riyadh, Office Characteristics Riyadh, Office Oversupply Riyadh, Office Project Development In Riyadh, Office Projects In Eastern Riyadh, Office Projects In Riyadh, Office Supply And Demand Riyadh, Office Supply Characteristics Riyadh, Oil Price Shock Impact On Riyadh, Opportunities and Development Trends, Public Services/ Facilities Riyadh, Real Estate Investment Trusts Riyadh, Recommendations For Riyadh Office Market, Riyadh City Review, Riyadh GDP Contribution, Riyadh Grade A Offices, Riyadh Grade B Offices, Riyadh Office Industry, Riyadh Office Industry Research Report, Riyadh Office Market, Riyadh Office Market Application, Riyadh Office Market Competition, Riyadh Office Market Development, Riyadh Office Market Forecast, Riyadh Office Market Future, Riyadh Office Market Future Outlook, Riyadh Office Market Future Outlook (Is Investment Profitable Or Not?), Riyadh Office Market Growth, Riyadh Office Market Insight, Riyadh Office Market Insight And Performance, Riyadh Office Market Key Players, Riyadh Office Market Opportunities, Riyadh Office Market Outlook, Riyadh Office Market Overview, Riyadh Office Market Performance, Riyadh Office Market Research, Riyadh Office Market Research Report, Riyadh Office Market Revenue, Riyadh Office Market Sales, Riyadh Office Market Scope, Riyadh Office Market Segmentation, Riyadh Office Market Share, Riyadh Office Market Size, Riyadh Office Market Trends, Riyadh Office Market Value, Riyadh Office Overview, Riyadh Office Sector Landscape, Riyadh Population Statistics, Riyadh Premium Offices, Riyadh Real Estate Market, Riyadh Real Estate Overview, Riyadh Standard Of Living, Riyadh Structure Plan, Riyadh Transit Oriented Development, Riyadh Urban Population, Riyadh Women Workforce, Saudi Arabia Office Market, Saudization Impact Development Areas In Riyadh, Supply Demand Gap Riyadh, Supply Gap In Grade A Office, Supply Gap In Grade B Office, Supply Gap In Premium Office, The Cube Riyadh, The Elite Center Riyadh, Transit-Oriented Development Riyadh, Type Of Offices Riyadh, Typical Characteristics Office Riyadh, Underdeveloped Lands In Riyadh, Upcoming Offices In Riyadh, Vacant Lands In Riyadh, Value Added Tax Riyadh, White Land Tax Riyadh, الرياض سوق اللاعبين الرئيسية, القيمة السوقية لمكتب الرياض, تطبيق سوق مكتب الرياض, تقرير مكتب أبحاث سوق الرياض, تقسيم سوق مكتب الرياض, توقعات سوق مكتب الرياض, توقعات مكتب سوق الرياض, حجم مكتب سوق الرياض, سوق مكتب الرياض, مكتب الرياض لأبحاث السوق, نطاق سوق مكتب الرياض, نظرة عامة على سوق مكتب الرياض