RIYADH: Saudi Arabia\u2019s industrial occupancy exceeded 90 percent across key markets in the second quarter, while the number of industrial establishments rose to 13,660 in April, JLL said. <\/p>\n
Occupancy in Riyadh, Jeddah and the Dammam Metropolitan Area remained above 90 percent, supported by lease renewals and continued absorption of industrial and logistics space despite regional disruptions, according to JLL\u2019s KSA Industrial Market Dynamics Q2 2026 report. <\/p>\n
The Kingdom\u2019s industrial base expanded to 13,660 establishments in April, from 12,289 a year earlier, as 322 new industrial licenses were issued and 188 factories began production. JLL said the expansion is generating additional demand for industrial and logistics space. <\/p>\n
The expansion reflects Saudi Arabia\u2019s broader push to increase manufacturing capacity and attract investment into higher-value industries. Under the National Industrial Strategy, the Kingdom aims to increase the number of industrial plants to about 36,000 by 2035, up from 7,206 in 2016, while Vision 2030 is focused on expanding production, strengthening local content and deepening the integration between manufacturing and logistics. <\/p>\n
Saud Al Sulaimani, CEO and head of capital markets \u2013 KSA at JLL, said: \u201cThe resilience and adaptability of the Kingdom\u2019s logistics sector, backed by national directives and strategic port infrastructure investments in line with Vision 2030 goals, have strengthened Saudi Arabia’s strategic position as a global trade hub.\u201d <\/p>\n
He added: \u201cThis structural demand, including enhanced capacity of the Kingdom\u2019s Red Sea ports, are creating a dependable ecosystem for investment and growth, and fueling interest in premium, strategically positioned logistics spaces, even amidst broader macroeconomic uncertainties.\u201d <\/p>\n
Rental rates increased across all three markets, with the Dammam area recording the largest rise at 6.9 percent. Average rents climbed by 4.8 percent in Jeddah and 3.9 percent in Riyadh, where Industrial Gate City recorded the capital\u2019s highest rate at SR300 per sq. meter annually. <\/p>\n","protected":false},"excerpt":{"rendered":"
RIYADH: Saudi Arabia\u2019s industrial occupancy exceeded 90 percent across key markets in the second quarter, while the number of industrial establishments rose to 13,660 in April, JLL said. Occupancy in Riyadh, Jeddah and the Dammam Metropolitan Area remained above 90 percent, supported by lease renewals and continued absorption of industrial and logistics space despite regional …<\/p>\n","protected":false},"author":4,"featured_media":102188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-102175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=102175"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102175\/revisions"}],"predecessor-version":[{"id":102189,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102175\/revisions\/102189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/102188"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=102175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=102175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=102175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}