15 Hrs
Source:
الاقتصادية
Source: الاقتصادية
15 Hrsالاقتصادية
Source: الاقتصادية
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The supply of flexible office space in Riyadh grew by 200% between 2022 and 2026, as multinational companies expanded and regional headquarters moved to Saudi Arabia. Space added to the market during this period accounted for around 75% of current supply. JLL expects approximately 1.85 million square metres of office space to be added over the next three years, with a significant portion earmarked for flexible offices. Demand is being driven by newly established companies, which account for 55% to 60% of enquiries, while occupancy rates are approaching 90% in Olaya and 85% in the King Abdullah Financial District.
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