Saudi Arabia
Real Estate News

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity. Read More »


Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent Read More »

Paris Named Top Global Prime Residential Market for 2020, Berlin and Miami Close Behind

Paris Named Top Global Prime Residential Market for 2020, Berlin and Miami Close Behind

With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago. Read More »

Tuscany's Luxury Housing Market on Firmer Footing in 2019

Tuscany's Luxury Housing Market on Firmer Footing in 2019

According to new research from international property consultancy Knight Frank, unlike Tuscany's mainstream residential housing market, the prime luxury segment is on a firmer footing. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated July 10, 2020 9:00 AM ET

Saudi Arabia Property News

According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels in the Middle East reported mixed performance results in January 2018, while hotels in Africa posted growth across the three key performance metrics.

A government-led delegation of UK investors and developers are set to visit the Middle East to strike deals with investors as they continue to plough their wealth into the UK post-Brexit.

The recent election of Donald Trump as the 45th president of the United States of America is set to cause further uncertainty for the Middle East's real estate market, at least in the short term.

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

For those invested in the London property market, the deterioration in the value of sterling overnight will have erased any gains in recent years

Increased geopolitical unrest and low oil prices are having an effect on the UK, driving private Middle Eastern investors towards London-based property assets.

This week the Council on Tall Buildings and Urban Habitat (CTBUH) has announced that there are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of 432 Park Avenue in New York City.

According to CBRE Group, an average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near-term.

Shopping centres across Europe, the Middle East and Africa (EMEA) are now the preferred destination for eating and drinking, says a new report by CBRE.

Global real estate markets are most vulnerable in economies with not just a greater dependency on oil but also in those with a high cost of oil production.

Even with the significant drop in oil prices in the second half of 2014 and the start of 2015, investors from the Middle East continue to have a strong appetite for real estate investment globally.

According to CBRE, Canada is the unrivaled global investor in U.S. real estate with nearly $10 billion of direct investments in 2014, ahead of Norway, China, Japan and Germany.

Global direct commercial real estate investment transaction volumes hit a new record high in the final quarter of 2014.

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

According to the July 2014 STR Global Construction Pipeline Report, the Middle East-Africa hotel region reported 630 hotels under contract totaling 147,754 rooms.

Middle Eastern investors expected to spend over $180 billion in commercial real estate.

Vertical communities are moving ever higher. Developers competing to build to record heights.


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