JLL predicts rising industrial occupancy in Saudi Arabia
JLL forecasts continued growth in occupancy levels for industrial real estate in Saudi Arabia, driven by increasing demand and rising rents in major cities such as Jeddah, Riyadh, and Dammam. The number of industrial facilities reached approximately 13,660 in the second quarter of 2026, reflecting an increase from the previous year, with the market being saturated at occupancy rates surpassing 90%. The markets are positively influenced by the flexibility of the logistics sector in the Kingdom and the shifting of shipping activity toward ports on the western coast. It is expected that demand will remain sustained, and the ports will maintain their share of trade movements despite regional challenges.
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