CBRE inaugurates new office in Riyadh

CBRE inaugurates new office in Riyadh

Riyadh – Global real estate advisor CBRE has announced the inauguration of its new office in Riyadh, as part of its continued strategic development in the Kingdom of Saudi Arabia (KSA). CBRE opened a new office this week on the eighth floor of the landmark Al Faisaliah Tower in Riyadh. The new office opening follows a year of continued growth in Saudi Arabia, including a string of senior hires in the past year, including the appointment of Elias Bou Habib as Head of Consulting – Saudi Arabia, Jena Ladhani as Country Managing Director – Saudi Arabia for CBRE Global Workplace Solutions and Pedro Ribeiro as General Manager – Saudi Arabia for CBRE Advisory. CBRE has been serving clients in Saudi Arabia for over 15 years and has now over 300 real estate experts based on the ground across all its group divisions. CBRE has recently advised on some of the biggest real estate projects across the Kingdom, including Saudi Arabia’s largest standalone hotel transaction in Jeddah and over 30 mega and giga projects as part of Vision 2030. It has also worked on CBRE’s largest ever valuation project, valuing over 700,000 real estate assets in Saudi Arabia since 2021 as part of the