The Occupancy Rate Has Been Lower In Jeddah In Comparison To Riyadh Till 2022 Which Will Soon Match Up Levels Of Riyadh Till 2027. 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High demand of Technology warehouses with Automation especially by E-commerce companies. For more information, request a free sample Report 58 new industrial licenses have been issued along with 721 factories that have begun production first half of 2021 indicates the reason of huge demand spike happened in 2022. The majority of warehousing demand is centered on larger, modern sort of facilities and is heavily connected to the Kingdom’s megaprojects and the buoyant e-commerce sector ACME has opened their office in Riyadh to meet the increasing demand for automated distribution centers by e-commerce, pharmaceutical and automotive companies. 2. Jeddah will experience influx of more Grade A warehousing space in future in comparison to Riyadh Grade A facilities in Jeddah will increase at a higher rate when compared to other types of warehouses due to shifting investors, companies and end-user’s preferences towards Jeddah. Few Projects/ warehouses especially for Grade A are: Modon, Saudi Authority for Industrial Cities and Technology Zones is in deal to develop 14 digital warehouses in Jeddah in the next few years MAWANI, in partnership with logistics company, LogiPoint (a subsidiary of SISCO), will build two new warehousing complexes on a 43,000 sqm (24,500 sqm+18,700 sqm) site in the Bonded and Re-Export Zone at Jeddah Islamic Port with an investment exceeding SAR150 Mn. 3. Negotiation of 20-40% in leasing rate is dependent upon location, Inter personal relationships, Area for warehouses requested in Jeddah and Riyadh Visit A link Request for Custom Report Sudden spike in 2022 in both Jeddah and Demand has been due to sudden hike in demand and limited availability of warehouses in areas such as Asfan, Al Bariah and more The negotiation rate for a warehouse leasing is in a range of 20%-40% depending upon the size of warehouses, type of warehouses, locations, inter personal relationships and more. The Negotiation of up to 40% can be asked for a warehouse of 10,000+ sqm in prime location of Jeddah and Riyadh. For more insights on market intelligence, refer to the link below: – KSA Warehousing Market Related Reports by Ken Research:- Indonesia Logistics Market Outlook to 2027 Singapore Logistics Industry Outlook to 2028 Tags: Best KSA Logistic Companies, BPL Company Delivery Market Revenue, Challenges Warehousing Market KSA, Competitors in KSA Warehousing Market, DHL Global Warehousing services Revenue, Ecommerce Sector KSA, Emerging Players in KSA Warehousing Market, Express Delivery Industry KSA, Flexigistic LLC KSA Market share, Funds Raised Warehouse Providers Startups KSA, Investment Warehousing Market KSA, KSA ABSA Group Market share, KSA Distribution Sector, KSA Freight Forwarding Market, KSA Freight Market, KSA Freight Warehousing Market, KSA Logistic Solution Providers, KSA Online Delivery Service Sector, KSA Road Freight Transport Market, KSA Sea Transport Market, KSA Storage Depot Industry, KSA Third Party Warehousing Industry, KSA Warehousing Market, KSA Warehousing Solution Sector, KSA Warehousing Trends, Leading Players in KSA Warehousing Market, Leading Transportation Service Providers KSA, Major Players in KSA Warehousing Industry, NTF Group Market Share, Number of Airports KSA, Number of Cold Storages KSA, Number of Ports KSA, Number of Trucks in KSA, Number of Warehouses KSA, Opportunities Transportation Sector KSA, PSL Arabia. 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