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Riyadh Residential Market Poised for Recovery

The residential market is currently experiencing an increase in demand and pricing according to our latest Riyadh City Profile. With relatively limited additions to supply and a large untapped pool of demand, the residential sector is expected to experience a cyclical upturn over the remainder of 2010. The picture is more mixed in relation to other sectors of the market, with the office sector moving in the favour of tenants as new supply continues to outpace demand.

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