Knight Frank

NEWS DESK

Knight Frank: Riyadh retail stock to rise by 28% to 4.6 million square metres by 2026

News Desk 10/07/2024

Average rental rates across Riyadh’s retail market have increased marginally by 3% to SAR 2,725 psm for both regional and super regional malls in the last 12 months, while occupancy rates across the retail market increased by 5 percentage points to 90%, according to global property consultancy

NEWS DESK

Knight Frank: 69% of global HNWI keen to own a branded residence in Dubai

News Desk 04/06/2024

69% of global HNWI are interested in owning a branded residential property in Dubai, up from 59% in 2023, according to global property consultancy, Knight Frank’s second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 high-net-worth-individuals (HNWI) – 217 around the world and 100 GCC-based HNWI expats – to gain an understanding of […]

NEWS DESK

Knight Frank Highlights US$4.3 Billion Investment Gap for 16,301 Psychiatric Beds in Middle East

News Desk 27/05/2024

The Middle East, particularly the UAE and Saudi Arabia, faces an urgent need for additional psychiatric beds to meet the growing demand for mental health services. According to Knight Frank MEA’s Healthcare division’s latest Mental Health Report, an investment budget of USD 4.3 billion is required to fulfil the demand for 16,301 psychiatric beds in […]

NEWS DESK

US$ 4.4bn of private capital globally is set to be invested in Dubai’s residential property market

News Desk 22/05/2024

High-net-worth-individuals (HNWI’s) around the world are prepared to spend US$4.4 billion on residential real estate in Dubai, according to global property consultancy, Knight Frank’s second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 HNWI – 217 around the world and 100 GCC-based HNWI expats – to gain an understanding of their attitudes, appetite