10 Hrs
Source:
الاقتصادية
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Eastern Province property sales exceed 400m riyals
Ibrahim Alqa'bah Real Estate Company in Khobar has announced an auction to sell 10 properties in the Eastern Province, with total sales exceeding 400 million SAR. The properties include six industrial use properties and four commercial ones, covering a total area of over 200,000 square meters. This comes amid increasing demand for industrial and logistics assets in the region, where data shows that occupancy rates for modern warehouses and factories have reached 96%. This strong interest in real estate investment in the Eastern Province reflects its status as a vital economic and industrial hub, and a key driver of the real estate market, offering wide spaces for commercial, industrial, and logistics lands.
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