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A Step-by-Step Guide to Warehouse Rental in Saudi Arabia
The ripple effect of the Kingdom’s sustained appeal to multinational enterprises and startups is seen across various facets of the business environment—particularly in the increasing demand for commercial real estate like warehouses.
Businesses looking to optimize supply chain operations and reduce operational overhead are the main drivers behind this trend. Saudi Arabia’s warehousing market is estimated to have a robust 4.5% CAGR, which translates to over $13.2 billion market size by 2030. Public warehouses in major cities like Riyadh, Jeddah, and Dammam are most in demand by companies within the retail and e-commerce sectors.
The Role of Ejar in Facilitating Commercial Property Transactions
To support this growing demand and simplify the process of acquiring or renting commercial properties, the Saudi government introduced Ejar in 2018, a system designed to provide a secure and convenient way to manage leases electronically.
The Ejar platform streamlines the leasing process, simplifies transactions, improves security, and ensures transparency between the landlord and the tenant. It also aligns the leasing transaction with the legal and regulatory frameworks established in the Kingdom.
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