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Riyadh Real Estate Market Overview - Q3 2014

​The Riyadh real estate market maintained a positive performance in Q3 2014. The residential sector saw prices and rental increases across all areas due to the continued shortage of housing units. The retail sector also continued to experience rental growth, despite the major malls in the pipeline.

While selected preferred office buildings have seen an increase in asking rents, the overall market saw no growth in rentals due to the anticipation of large levels of new office supply in the near future. Hotel performance remains patchy, with higher occupancy levels but lower room rates than over the same period in 2013.

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