1. Companies are shifting their focus from Riyadh to Jeddah due to higher demand of Grade A warehouses as result of better quotations and newer facilities.
Demand in Jeddah is poised to increase due to shifting companies and investors such as interest towards Jeddah as a potential market for expansion and storage of their products and goods. Most of the warehouses will be establishes on a public-private partnership between the government entity MODON and private investors such as Al Bandar Company.
Al-Khomrah district has been a particular favorite amongst…
