{"id":53156,"date":"2024-11-20T10:38:01","date_gmt":"2024-11-20T07:38:01","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=53156"},"modified":"2026-03-28T07:02:57","modified_gmt":"2026-03-28T04:02:57","slug":"knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/","title":{"rendered":"Knight Frank: 1 million sqm of new office space expected in Riyadh by 2026"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Grade A office rents in Riyadh climb 31% between Q3 2023 and Q3 2024<\/strong><\/li>\n\n\n\n<li><strong>Makkah\u2019s quality hotel room supply is expected to increase by 12% to reach 60,855 keys by 2026<\/strong><\/li>\n\n\n\n<li><strong>Jeddah records highest data centre occupancy levels in the Kingdom at 95%<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh | 20 November 2024:&nbsp;<\/strong>The total amount of office space in Riyadh is expected to grow by 1 million square metres &nbsp;to 6.3 million square metres by the end of 2026, according to global property consultancy,&nbsp;<a href=\"http:\/\/click.agilitypr.delivery\/ls\/click?upn=u001.X8kS0oDULIxUJ2zRmmevWMCeWMfUSJ5HvJRMWnCwt43zSRbzy4S69NpKgpQAEPzWkN5WnJ7VaiKK08yf0oveILe7HtIbKBiceIC-2FIhWo0Z7KP-2BaaEeW7u4QZWNfXsYKaJcYyRiM9RThixR5kV0yVyrTdsCNkF4xVD-2FaRbZxUSijeer6VyI9xl1Du2K9djD3h_o_I_JN1a9srnHbqSJr7Xk1SCL2bSFia4bI4WDOpW7hgAgRPR0g-2B5k1OTeaE-2Byh-2FGO29y-2Bs48xPPn46omw8gacgur6ohdPyimoNoE-2FUKZnzKzZKDXL7u5Ru-2FTr6-2F6mdTGMJI2oTO9iY-2BebOFBKZf5HPcz3YkN2-2FEkUFvWVYQxvgbQlBIVf33RULhRzr1Zto2K-2BfYUosma-2Fm7VyuSCDYC4ENV-2BnVQOb0cFFtJ3CKrnHDDphmd4ZeCM5MfEhT6Tfpu1-2Bu84IrRltJsVN7z3X8-2FPVCuptj8h4SjO9cc6Ow-2FvjBnGjFjkVm-2F8GSz9YbqwPbU4S17IfbHahbmxjSPatjBpV-2B7UFOf5np0tNlsSJtt-2F0y6r78SIFPrAP-2By9IQ0u7duGaiXV14zE5Tx8XlsQlbrNL9pWpKYhFh0wkOK76-2FEeLxoGL2zTSZLeUOTdulwILafqMqfhv46juwWBrzxf80FlZSz1Gg-3D-3D\">Knight Frank\u2019s Autumn 2024 Saudi Arabia Commercial Market Review.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2018Program HQ\u2019 is contributing to increased demand for office space in Riyadh, further influencing office lease rates. Indeed, 517 companies have now committed to establishing their regional headquarters in the Kingdom, well ahead of the 2030 target of 480, says Knight Frank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result, Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31% to around SAR 2,604 per square metre, followed by 2.9% in Jeddah and by 2.2% in the Dammam Metropolitan Area (DMA), according to Knight Frank.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"742\" height=\"1024\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-742x1024.webp\" alt=\"\u0641\u064a\u0635\u0644 \u062f\u0648\u0631\u0627\u0646\u064a\u060c \u0627\u0644\u0634\u0631\u064a\u0643 - \u0631\u0626\u064a\u0633 \u0642\u0633\u0645 \u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0634\u0631\u0642 \u0627\u0644\u0623\u0648\u0633\u0637 \u0648\u0634\u0645\u0627\u0644 \u0625\u0641\u0631\u064a\u0642\u064a\u0627 _ssict_1200_1657\" class=\"wp-image-53158\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-742x1024.webp 742w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-217x300.webp 217w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-768x1060.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-1112x1536.webp 1112w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657-1080x1491.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0641\u064a\u0635\u0644-\u062f\u0648\u0631\u0627\u0646\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0631\u0626\u064a\u0633-\u0642\u0633\u0645-\u0627\u0644\u0623\u0628\u062d\u0627\u062b\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0634\u0645\u0627\u0644-\u0625\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_1200_1657.webp 1200w\" sizes=\"(max-width: 742px) 100vw, 742px\" \/><\/a><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Faisal Durrani, Partner \u2013 Head of Research, MENA, explained:&nbsp;<\/strong><em>\u201cVision 2030 is reshaping Saudi Arabia\u2019s economy and society, with a central focus on transforming Riyadh into a key regional and global centre for business, finance, leisure, and tourism. Indeed, 49% of the new jobs created in the Kingdom over the last five years has been in Riyadh, which is adding to the upward pressure on office rents, with many key office districts and business parks fully leased, with waiting lists.<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>\u201cThe limited availability of office space is also forcing up Riyadh&#8217;s Grade B rents, which have climbed by 27% over the past year. Similarly, in the DMA region, Grade A rents have climbed by 2.2% since Q3 2023, fuelled mainly by strong demand from the public sector\u201d.<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Knight Frank\u2019s analysis shows that Jeddah\u2019s office market saw steady growth over the 12 months leading up to the end of Q3 2024, driven by rising office demand, reports Knight Frank. This demand has impacted rents, with Grade A office rents increasing by 2.9% to SAR 1,235 per square metre, while Grade B rents rose even faster, up by 3.8% to SAR 810 per square metre from Q3 2023 to Q3 2024. Occupancy in Grade A offices decreased slightly by 1 percentage point over this period, reaching 94%. In contrast, occupancy for Grade B spaces grew by 2 percentage points, reaching 90%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>HOSPITALITY MARKET<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Elsewhere in the commercial market, Makkah has drawn more than 1.83 million pilgrims to perform Hajj in 2024. Of these, 1.6 million arrived from outside the Kingdom, a figure largely credited to the \u2018Makkah Route Initiative\u2019, a newly introduced program enhancing efficiency and convenience for pilgrims by allowing them to complete entry procedures at their home country&#8217;s airports, followed by direct transfer to accommodations in one of the Holy Cities of Makkah and Madinah. The potential positive impact of this, Knight Frank says, has been curbed by rising room rates and limited supply, although the latter is expected to begin reversing with a significant supply boost expected by 2030, led by&nbsp;the Jabal Omar Development (7,700 hotel rooms).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Riyadh, the hospitality market has been showing a strong performance due&nbsp;an ongoing increase in business travel, the start of major events like Riyadh Season, along with the expansion of cultural and entertainment offerings in the city, which are together contributing to sharp improvement in the capital\u2019s hospitality market. Average Daily Rates (ADR) in Riyadh, for instance, grew by 19% to SAR 847, while occupancy levels remained largely stable at 59.8%. This stability is likely tempered slightly by the sharp increase in ADR, according to Knight Frank.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0623\u0633\u0627\u0645\u0629-\u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0648\u0631\u0626\u064a\u0633-\u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a-\u0641\u064a-\u0642\u0637\u0627\u0639-\u0627\u0644\u0636\u064a\u0627\u0641\u0629-\u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629-\u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_800_533.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0623\u0633\u0627\u0645\u0629-\u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0648\u0631\u0626\u064a\u0633-\u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a-\u0641\u064a-\u0642\u0637\u0627\u0639-\u0627\u0644\u0636\u064a\u0627\u0641\u0629-\u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629-\u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_800_533.webp\" alt=\"\u0623\u0633\u0627\u0645\u0629 \u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c \u0627\u0644\u0634\u0631\u064a\u0643 \u0648\u0631\u0626\u064a\u0633 \u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a \u0641\u064a \u0642\u0637\u0627\u0639 \u0627\u0644\u0636\u064a\u0627\u0641\u0629 \u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629 \u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0634\u0631\u0642 \u0627\u0644\u0623\u0648\u0633\u0637 \u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627 _ssict_800_533\" class=\"wp-image-53159\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0623\u0633\u0627\u0645\u0629-\u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0648\u0631\u0626\u064a\u0633-\u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a-\u0641\u064a-\u0642\u0637\u0627\u0639-\u0627\u0644\u0636\u064a\u0627\u0641\u0629-\u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629-\u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_800_533.webp 800w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0623\u0633\u0627\u0645\u0629-\u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0648\u0631\u0626\u064a\u0633-\u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a-\u0641\u064a-\u0642\u0637\u0627\u0639-\u0627\u0644\u0636\u064a\u0627\u0641\u0629-\u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629-\u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_800_533-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/\u0623\u0633\u0627\u0645\u0629-\u0627\u0644\u0642\u0627\u062f\u0631\u064a\u060c-\u0627\u0644\u0634\u0631\u064a\u0643-\u0648\u0631\u0626\u064a\u0633-\u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a-\u0641\u064a-\u0642\u0637\u0627\u0639-\u0627\u0644\u0636\u064a\u0627\u0641\u0629-\u0648\u0627\u0644\u0633\u064a\u0627\u062d\u0629-\u0648\u0627\u0644\u062a\u0631\u0641\u064a\u0647\u060c-\u0645\u0646\u0637\u0642\u0629-\u0627\u0644\u0634\u0631\u0642-\u0627\u0644\u0623\u0648\u0633\u0637-\u0648\u0623\u0641\u0631\u064a\u0642\u064a\u0627-_ssict_800_533-768x512.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Oussama El Kadiri, Partner \u2013 Head of Hospitality, Tourism &amp; Leisure Advisory, MEA, added<\/strong><em>: \u201cLast year, the Kingdom surpassed its 2030 target of attracting over 100 million visitors. And in the first half of 2024 alone, the number of visitors already crossed 60 million. Riyadh is tracking 6,688 hotel rooms currently under construction and due to be delivered by 2026.<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>\u201cWhile this may suggest a potential future tapering in the rate of room rate increases, it is worth noting that just 11% of the future supply over the next two years will fall into the midscale and economy segments. This limited availability highlights a significant gap in affordable accommodation options within the capital.\u201d<\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh | 20 November 2024:&nbsp;The total amount of office space in Riyadh is expected to grow by 1 million square metres &nbsp;to 6.3 million square metres by the end of 2026, according to global property consultancy,&nbsp;Knight Frank\u2019s Autumn 2024 Saudi Arabia Commercial Market Review. \u2018Program HQ\u2019 is contributing to increased demand for office space in [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":53157,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-53156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Riyadh office space - 1m sqm by 2026 | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riyadh office space - 1m sqm by 2026 | Saudi Shopper\" \/>\n<meta property=\"og:description\" content=\"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Saudishopper\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaudiShopper\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-20T07:38:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-28T04:02:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"494\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Shima Zamil\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ssict\" \/>\n<meta name=\"twitter:site\" content=\"@ssict\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shima Zamil\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/\"},\"author\":{\"name\":\"Shima Zamil\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#\\\/schema\\\/person\\\/5a970bceb91eeffe523906451aeb35c9\"},\"headline\":\"Knight Frank: 1 million sqm of new office space expected in Riyadh by 2026\",\"datePublished\":\"2024-11-20T07:38:01+00:00\",\"dateModified\":\"2026-03-28T04:02:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/\"},\"wordCount\":699,\"publisher\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/1280px-Knight_Frank_Logo_ssict_1200_494.webp\",\"articleSection\":[\"Economy &amp; Business\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/\",\"name\":\"Riyadh office space - 1m sqm by 2026 | Saudi Shopper\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/1280px-Knight_Frank_Logo_ssict_1200_494.webp\",\"datePublished\":\"2024-11-20T07:38:01+00:00\",\"dateModified\":\"2026-03-28T04:02:57+00:00\",\"description\":\"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#primaryimage\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/1280px-Knight_Frank_Logo_ssict_1200_494.webp\",\"contentUrl\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/1280px-Knight_Frank_Logo_ssict_1200_494.webp\",\"width\":1200,\"height\":494,\"caption\":\"1280px-Knight_Frank_Logo_ssict_1200_494\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Knight Frank: 1 million sqm of new office space expected in Riyadh by 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/\",\"name\":\"Saudishopper\",\"description\":\"Saudi ICT Shopper News\",\"publisher\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#organization\",\"name\":\"Saudi ICT News\",\"alternateName\":\"Saudi ICT Shopper News\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/SSTrans.png\",\"contentUrl\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/SSTrans.png\",\"width\":423,\"height\":165,\"caption\":\"Saudi ICT News\"},\"image\":{\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/SaudiShopper\",\"https:\\\/\\\/x.com\\\/ssict\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/#\\\/schema\\\/person\\\/5a970bceb91eeffe523906451aeb35c9\",\"name\":\"Shima Zamil\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/Shima-Safwan-2020-10-18-96x96.jpg\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/Shima-Safwan-2020-10-18-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/Shima-Safwan-2020-10-18-96x96.jpg\",\"caption\":\"Shima Zamil\"},\"description\":\"Social media Marketing, Creative copywriter, Arabic- English translator, and Community management\",\"url\":\"https:\\\/\\\/saudishopper.com.sa\\\/en\\\/author\\\/shima\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Riyadh office space - 1m sqm by 2026 | Saudi Shopper","description":"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/","og_locale":"en_US","og_type":"article","og_title":"Riyadh office space - 1m sqm by 2026 | Saudi Shopper","og_description":"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.","og_url":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/","og_site_name":"Saudishopper","article_publisher":"https:\/\/www.facebook.com\/SaudiShopper","article_published_time":"2024-11-20T07:38:01+00:00","article_modified_time":"2026-03-28T04:02:57+00:00","og_image":[{"width":1200,"height":494,"url":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp","type":"image\/webp"}],"author":"Shima Zamil","twitter_card":"summary_large_image","twitter_creator":"@ssict","twitter_site":"@ssict","twitter_misc":{"Written by":"Shima Zamil","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#article","isPartOf":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/"},"author":{"name":"Shima Zamil","@id":"https:\/\/saudishopper.com.sa\/en\/#\/schema\/person\/5a970bceb91eeffe523906451aeb35c9"},"headline":"Knight Frank: 1 million sqm of new office space expected in Riyadh by 2026","datePublished":"2024-11-20T07:38:01+00:00","dateModified":"2026-03-28T04:02:57+00:00","mainEntityOfPage":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/"},"wordCount":699,"publisher":{"@id":"https:\/\/saudishopper.com.sa\/en\/#organization"},"image":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp","articleSection":["Economy &amp; Business"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/saudishopper.com.sa\/en\/#organization"}},{"@type":"WebPage","@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/","url":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/","name":"Riyadh office space - 1m sqm by 2026 | Saudi Shopper","isPartOf":{"@id":"https:\/\/saudishopper.com.sa\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#primaryimage"},"image":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp","datePublished":"2024-11-20T07:38:01+00:00","dateModified":"2026-03-28T04:02:57+00:00","description":"Riyadh office space is set to expand by 1 million sqm by 2026, reaching 6.3 million sqm as rents rise and demand grows.","breadcrumb":{"@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#primaryimage","url":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp","contentUrl":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/1280px-Knight_Frank_Logo_ssict_1200_494.webp","width":1200,"height":494,"caption":"1280px-Knight_Frank_Logo_ssict_1200_494"},{"@type":"BreadcrumbList","@id":"https:\/\/saudishopper.com.sa\/en\/knight-frank-1-million-sqm-of-new-office-space-expected-in-riyadh-by-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/saudishopper.com.sa\/en\/"},{"@type":"ListItem","position":2,"name":"Knight Frank: 1 million sqm of new office space expected in Riyadh by 2026"}]},{"@type":"WebSite","@id":"https:\/\/saudishopper.com.sa\/en\/#website","url":"https:\/\/saudishopper.com.sa\/en\/","name":"Saudishopper","description":"Saudi ICT Shopper News","publisher":{"@id":"https:\/\/saudishopper.com.sa\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/saudishopper.com.sa\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/saudishopper.com.sa\/en\/#organization","name":"Saudi ICT News","alternateName":"Saudi ICT Shopper News","url":"https:\/\/saudishopper.com.sa\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/saudishopper.com.sa\/en\/#\/schema\/logo\/image\/","url":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2020\/08\/SSTrans.png","contentUrl":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2020\/08\/SSTrans.png","width":423,"height":165,"caption":"Saudi ICT News"},"image":{"@id":"https:\/\/saudishopper.com.sa\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SaudiShopper","https:\/\/x.com\/ssict"]},{"@type":"Person","@id":"https:\/\/saudishopper.com.sa\/en\/#\/schema\/person\/5a970bceb91eeffe523906451aeb35c9","name":"Shima Zamil","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2020\/11\/Shima-Safwan-2020-10-18-96x96.jpg","url":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2020\/11\/Shima-Safwan-2020-10-18-96x96.jpg","contentUrl":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2020\/11\/Shima-Safwan-2020-10-18-96x96.jpg","caption":"Shima Zamil"},"description":"Social media Marketing, Creative copywriter, Arabic- English translator, and Community management","url":"https:\/\/saudishopper.com.sa\/en\/author\/shima\/"}]}},"_links":{"self":[{"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/posts\/53156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/comments?post=53156"}],"version-history":[{"count":1,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/posts\/53156\/revisions"}],"predecessor-version":[{"id":75640,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/posts\/53156\/revisions\/75640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/media\/53157"}],"wp:attachment":[{"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/media?parent=53156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/categories?post=53156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saudishopper.com.sa\/en\/wp-json\/wp\/v2\/tags?post=53156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}