“Listing of REIT’s in Saudi Arabia’s
Stock Market coupled with Revision in Mortgage Law in which Loan to Value Ratio
increased to 90.0% have driven the Saudi Arabia Real Estate Market”
Revival
of Cinemas in the region: AMC Entertainment in collaboration with The
Development and Entertainment Investment Company (DEIC) launched the Kingdom’s
first cinema in 2018. Operators such as Cinépolis will open 6 movie theaters in
country, with first in Lulu Mall, Dammam, in 2019, four scheduled for 2020 and
the sixth for 2021, other operators including VOX Cinemas and Next Generation
are also opening movie theaters in the region. This has motivated several other
local developers to sign agreements with cinema operators from across the
region to open cinema multiplexes and offer a diverse selection of
entertainment outlets to customers. This has led to huge opportunities
especially in the retail sector with development of shopping entertainment or
“shoppertainment”.
Boosting
of the New Industries: In December 2018, King Salman Energy Park (Spark) a
project developed by Saudi Aramco in partnership with the Saudi Authority for
Industrial Cities and Technology Zones, located in the Eastern Province was
inaugurated. This park has five main regions that focus on general
manufacturing, liquids and chemicals, metal formation and industrial services.
It is expected that this park will make a contribution of SAR 22 Billion by
2035 in the GDP. This will fuel the demand for commercial and industrial real
estate with increase in foreign investment and private sector participation.
Improving
House Ownership Scenario: Government is working on tackling the housing gap
in the Saudi region. For this they have launched several initiatives, for
instance in 2018, The Ministry of Housing in partnership with the Real Estate
Development Fund (REDF) funded ‘Sakani’ program with the aim to provide 300,000
residential support units throughout the region. The ministry signed five
agreements with four property developers to set up the villas and townhouses.
The report titled “Saudi Arabia Real Estate Market Outlook to
2025 – By Retail Real Estate Market (Super-Regional Malls, Regional Malls and
Community Centre), By Hotel Real Estate Market (3 Star, 4 Star, 5 Star and
Other Hotels),By Office Real Estate (Premium Offices Grade A and Grade B) and
Residential Real Estate Market (Apartment, Villas, Traditional Houses and
Others)" by Ken
Research suggested that the Saudi Arabia Real Estate market has been increasing
due to government initiatives to increase the contribution from non oil sectors
in economy. Moreover, various construction activities will take place by public
and private partnership; foreign investors will enter the market as it is one
of the most growing countries in the GCC and Middle East region. The maximum
growth will happen in supply of hotel rooms which are expected to witness a
seven year CAGR of 10.0% during the forecasted period 2019-2025.
Key
Segments Covered
Saudi
Arabia Retail Real Estate Market
By Type:
Super-Regional
Malls
Regional Malls
Community Centers
By Geography:
Riyadh
Jeddah
DMA
Makkah
Saudi
Arabia Hotel Real Estate Market
By Type:
3 Star Hotels
4 Star Hotels
5 Star Hotels
Others (Less than 3
Star Hotels)
By Geography:
Riyadh
Jeddah
DMA
Makkah
Saudi
Arabia Office Real Estate Market
By Type:
Premium Office
Grade A Office
Grade B Office
By Geography:
Riyadh
Jeddah
DMA
Saudi
Arabia Residential Real Estate Market
By Type:
Apartments
Villas
Traditional Houses
Floor in a Villa
Others (Floor in a
Traditional House)
By Geography:
Riyadh
Jeddah
DMA
Makkah
Key Target Audience
Real Estate
Developers
Independent
Investors
Real Estate
Consulting Companies
Third Party Real
Estate Companies
Independent
Architects
Government
Associations
Government Agencies
Time
Period Captured in the Report:
Historical
Period - 2013-2018
Forecast
Period - 2019-2025
Companies
Covered:
Property Finder (Including JRD Group)
Emerging Market Property Group (Bayut.SA)
Aqarmap
Dar Alarkan Real Estate Development Co.
Taiba Investment Company
Jabal Omar Development Company
Kingdom Holding Company
Saudi Real Estate Company (Al-Akaria)
Arriyadh Development Co
Ewaan Global Residential Company
Al Saedan Real Estate Company
Key
Topics Covered in the Report
Executive Summary
Research Methodology
Real Estate Market Scenario in Saudi
Arabia, 2013-2018
Macro Economic Overview of Saudi Arabia
Overview of Retail in Saudi Arabia
Factors Inflecting Retail Real Estate
Sector in Saudi Arabia
Current and Future Retail Demand and
Supply, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Retail Real Estate Market
Regional Landscape
Retail Market Outlook, Opportunities and
Future Development Trends
Saudi Arabia Retail Market Future Outlook
Saudi Arabia Key Upcoming Malls
Future Trends in Retail Market
Saudi Arabia Retail Market Success
Factors Recommendations
Saudi Arabia Retail Space Key Features
and Characteristics
Saudi Arabia Case Studies of Major Retail
Centers
Saudi Arabia Hotel Real Estate Market
Overview
Factors Influencing Hotel Sector in Saudi
Arabia
Saudi Arabia Current and Future Hotel
Supply and Demand, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Hotel Real Estate Market
Regional Landscape
Saudi Arabia Hotel Market Outlook,
Opportunities and Future Development Trends
Key Features and Characteristics of
Hotels in Saudi Arabia
Saudi Arabia Key Expected Hotel Projects
Saudi Arabia Hotel Market Potential Gaps
Saudi Arabia Recommendations Regarding
Success Factors of Developing Hotels
Saudi Arabia Case Study of Major Hotels
Saudi Arabia Office Real Estate Market
Overview
Factors Influencing Office Sector in
Saudi Arabia
Saudi Arabia Current and Future Office Supply
and Demand, 2013-2025F
Supply and Demand Gap, 2013-2025F
Saudi Arabia Office Real Estate Market
Regional Landscape
Saudi Arabia Offices Key Features and
Characteristics
Saudi Arabia Key Expected Upcoming Office
Projects
Saudi Arabia Office Market Gap Analysis
Saudi Arabia Office Market
Recommendations Regarding Success
Saudi Arabia Office Market Future
Outlook, Opportunities and Development Trends
Saudi Arabia Co-Working Office Space
Snapshot
Saudi Arabia Case Studies of Major Office
Complexes
Factors Influencing Residential Sector in
Saudi Arabia
Supply-Demand Gap, 2018
Saudi Arabia Residential Real Estate
Market Regional Landscape
Saudi Arabia Residential Real Estate
Market Gap Analysis
Saudi Arabia Recommendation Regarding
Success Factors of Developing Residential Market
Saudi Arabia Residential Market Future
Outlook, Opportunities and Development Trends
Saudi Arabia Key Upcoming Residential
Projects
Key Features and Characteristics of
Residential Sector in Saudi Arabia
Existing Housing Typologies in Saudi
Arabia
Saudi Arabia Construction Costs, 2018
Saudi Arabia Online Real Estate Market
Snapshot
Saudi Arabia Real Estate Online Portals
Business Model
Saudi Arabia Online Real Estate Major
Players ( Property Finder (Including JRD Group, Emerging Market Property Group
(Bayut.SA) and Aqarmap)
Saudi Arabia Real Estate Market
Competition Scenario
Saudi Arabia Real Estate Market Major
Real Estate Developers Profiles (Dar Alarkan Real Estate Development Co., Taiba
Investment Company, Jabal Omar Development Company, Kingdom Holding Company,
Makkah Construction and Development Co)
For more information on the research
report, refer to below link:
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