RIYADH: Saudi Arabia’s Regional Headquarters Program to encourage international entities to establish their presence in the Kingdom has increased demand for Grade A office spaces in its capital city.
According to global real estate consultancy Knight Frank, rents in this category in Riyadh rose 6.2 percent in the first half of this year compared to the year-ago period.
The city’s occupancy rate for Grade A offices between January and June stayed at 97 percent.
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