Marcopolis presents the Saudi Arabia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives. The sectors under review in this issue are industry, real-estate, ICT, investments, banking sector, telecom sector and many more.
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Khalid A. Al-Sehaibany is general manager of Hamat Properties. He won an award for Retail Professional of the Year in 2014 by The ICSC 2014 Middle East and North Africa Shopping Centre Awards.
Khalid A. Al-Sehaibany, General Manager of Hamat Properties talks about commercial real estate in Saudi Arabia and the latest developments.
He says, "Since 2010, the prices of retail space and rents have gone up because of the huge demand and the political situation in some of the Arab countries. There is a lot of potential here and new retailers are coming to Saudi Arabia to invest heavily – from 2013 to 2017. There are over 100,000 GLAs for the new retailers coming here. "