What role do government initiatives play in enhancing the real estate market in Saudi Arabia?
Saudi Arabia Real Estate Boom to Extend Into 2025: CBRE (Video)
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The video discusses the growth of the real estate sector in Saudi Arabia, driven by economic factors such as GDP growth, interest rate cuts, and government investment. It highlights the impact of the RHQ program on commercial real estate, particularly in Riyadh, where office demand and rents are rising. The residential market is also expanding due to population growth and an influx of expats, leading to increased property transactions and prices.
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3 mins • 1 pt
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Discuss the trends in office occupancy rates and rental prices in Riyadh.
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