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FinancialNews


  • 30-01-20

    Riyadh's residential sector sees considerable activity levels in 2019

    (MENAFN)Based on new report released by global real estate consultancy firm CBRE, significant activity levels have been witnessed in the residential sector in the Saudi capital Riyadh last year.

    Rises by 53 per cent and 63 per cent were seen respectively in Riyadh's volume and value of transactions year-on-year.

    The number of contracts signed from January to November 2019 grew by more than 250 per cent in the terms of residential mortgages for individuals in the kingdom.

    The same period last year witnessed also a rise in the value of the contracts by up 160 percent, according to the figures.

    MENAFN3001202000450000ID1099625187

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