One of the biggest domestic issues facing Saudi Arabia at the moment is the supply of affordable housing. It presents both a challenge and an opportunity. It is a challenge because the housing shortfall is substantial and shows little sign of diminishing, but it also presents an opportunity in that a whole new market can be created for...
Articles & Analysis | An underserved market: Making affordable housing attractive to investors from The Report: Saudi Arabia 2013
Articles & Analysis | An attractive alternative: There are opportunities on offer in the retail segment from The Report: Saudi Arabia 2013
While most of the attention on Saudi Arabia’s property market focuses on the residential segment, the country’s retail real estate sector is quietly presenting itself as an attractive alternative. Indeed, many of the factors that have made the residential sector a widely discussed opportunity also apply to retail development. A burgeoning...
Chapter | Real Estate from The Report: Saudi Arabia 2013
With oil prices at sustained high levels and the government pushing ahead with a large-scale investment programme to upgrade infrastructure, address social issues and further diversification, Saudi Arabia’s economy is thriving.
While hydrocarbons continue to make up the lion’s share of the emirate’s GDP, oil revenues are supporting long-term efforts to diversify the economy. Oil and gas accounts for about 52% of real GDP, down on previous years, followed by construction, manufacturing and real estate. High-quality transport infrastructure, meanwhile, is boosting trade activity and free zones in Abu Dhabi.