Riyadh city
SP Global expressed a positive outlook for Saudi Arabia’s commercial real estate sector for 2025-2026 remains optimistic, anticipating strong demand driven by population growth, rising tourism, and changing consumer preferences. 
In its latest report, the credit rating agency said that the sector is undergoing a continuous transformation, driven by the Kingdom’s Vision 2030 initiative, economic diversification efforts, and the evolving consumer landscape.
It noted that the sector faces challenges, including the risk of oversupply and the evolution of retail preferences, which could impact rental yields and property owners’ profitability amid high capital expenditure.
Government spending and non-oil economic growth in Saudi Arabia are expected to be weaken on lower oil prices and market volatility, amid rising global trade tensions and an increasingly fragmented geopolitical landscape.
Riyadh city
SP Global expressed a positive outlook for Saudi Arabia’s commercial real estate sector for 2025-2026 remains optimistic, anticipating strong demand driven by population growth, rising tourism, and changing consumer preferences.
In its latest report, the credit rating agency said that the sector is undergoing a continuous transformation, driven by the Kingdom’s Vision 2030 initiative, economic diversification efforts, and the evolving consumer landscape.
It noted that the sector faces challenges, including the risk of oversupply and the evolution of retail preferences, which could impact rental yields and property owners’ profitability amid high capital expenditure.
Government spending and non-oil economic growth in Saudi Arabia are expected to be weaken on lower oil prices and market volatility, amid rising global trade tensions and an increasingly fragmented geopolitical landscape.
