Riyadh's retail realty market is a vibrant and developing landscape, offering a variety of opportunities for smart financiers. Based on the comprehensive benchmarking report, here are some crucial dynamics shaping this market:

Diversity in Residential Or Commercial Property Sizes: The market showcases a large range of residential or commercial property sizes, from massive shopping centers like Granada Center Mall with a Gross Leasable Area (GLA) of around 100,000 m ², to smaller retail centers like Boulevard Mall, boasting a GLA of around 8,000 m ². This diversity accommodates a broad spectrum of customer requirements and choices.
Geographical Spread: Retail residential or commercial properties in Riyadh are not focused in a single area but are spread throughout the city. This distribution enables a varied investment technique, targeting various demographics and socio-economic sectors.
Growth Prospects: The retail sector in Riyadh is growing, driven by elements such as increasing population, urbanization, and a shift in consumer costs habits. This development trajectory suggests an appealing future for retail investments in the region.
Quality and Standards: The selected residential or commercial properties for the study are kept in mind for their high standards and quality tenants. This element is crucial as it influences foot traffic, renter retention, and overall residential or commercial property value.
Catchment Areas

Catchment locations are a critical element of retail property, especially for shopping malls, as they directly influence the potential success of these residential or commercial properties. In Riyadh's retail landscape, comprehending these areas is necessary for financiers.

Here's what the report exposes about catchment areas:

- Definition and Importance: A catchment area is the geographical location from which a mall or retail center draws its consumers. It's substantial since it affects foot traffic, sales potential, and eventually, the profitability of the retail residential or commercial property.
- Granada Center Mall: This mall sticks out with its catchment location covering an amazing 40.5% of Riyadh's population. This high portion shows its substantial effect and reach within the city.
- Al Nakheel Mall: With a catchment location that includes 35% of the city's population, Al Nakheel Mall is another crucial gamer in Riyadh's retail landscape. Its substantial protection demonstrates its significance as a retail location.
- Riyadh Park Mall: This mall has a catchment that includes 32.1% of Riyadh's population, marking it as a major tourist attraction in the city's retail sector.
- Captive Population: Looking deeper into the numbers, Granada Center Mall has the greatest share of a captive population, totaling up to 23.8% of Riyadh's overall population. This shows a strong devoted client base that predominantly frequents this mall over others.
Quotation from the Report:

- "The Granada Center Mall covers 40.5% of the population."
- "Al Nakheel Mall covers 35% of the population followed by Riyadh Park Mall with 32.1% coverage."
- "The Granada Center Mall has the highest share of captive population of Riyadh City with 23.8%.".
Lease Rates and Occupancy Trends

In the Riyadh retail realty market, comprehending lease rates and occupancy trends is important for making informed investment choices.
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- Granada Center Mall: Since August 2022, this mall, being among the largest in Riyadh, reveals an occupancy rate of 64%. It is necessary to note that some parts of the shopping center were under remodelling at the time, which may have affected this figure.
- Riyadh Park Mall: This mall, currently the largest in regards to Gross Leasable Area, has an impressive occupancy rate of 91.2%, indicating high tenant retention and consistent customer traffic.
- Riyadh Gallery Mall: With an occupancy rate of 93.3%, this shopping mall stands as another key player in the market, reflecting a strong and stable occupant base.
- Al Nakheel Mall: This residential or commercial property, important to the Arabian Center Group, reported a tenancy rate of 82.0%, showcasing its robust standing in the market.
- Lease Rates: While particular figures for lease rates per m two annually aren't supplied for each mall, the report shows that all the malls included follow a similar prices structure. This uniformity suggests a market standard, which can be a crucial element for financiers when examining the prospective return on investment.
Quotation from the Report:

- "Occupancy (Aug 2022): 91.2%" [Riyadh Park Mall]
- "Currently the second largest shopping center in Riyadh based on the Gross Leasable Area." [Granada Center Mall]
- "Another big mall in Riyadh. The occupancy is extremely great at 93.3%." [Riyadh Gallery Mall]
- "A key residential or commercial property for the Arabian Center Group (Al Hukair Group)." [Al Nakheel Mall]
Investment Opportunities: Case Studies

Case Study 1: Riyadh Park Mall

Riyadh Park Mall stands as a shining example of a successful retail investment in Riyadh's busy market. Here's an in-depth look at its qualities, making it a notable case research study:
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- Location and Area: Situated on Alamir Mohamed Ibn Saad Ibn Abdelaziz Road, Al Aqeek, Al Shimal, Riyadh Park Mall is strategically situated. It boasts a land location of 139,118 m TWO, providing adequate area for a varied series of retail and home entertainment choices.
- Size and Structure: The shopping mall incorporates an overall built-up location of 241,220 m two and a Gross Leasable Area (GLA) of 105,290 m ². This substantial size is distributed across three floors, supplying a vast range of renting choices.
- Leasable Area Distribution: The leasable area is divided as follows:.

• First Floor: 38,499 m ²
  . -Ground Floor: 63,687 m ²
  . -Basement: 3,103 m TWO
  . -This distribution permits a different mix of retail, dining, and entertainment outlets.
  
• Tenant Mix and Anchors: Riyadh Park Mall accommodates a considerable number of anchor stores, further boosting its appeal. The diversity in its occupant mix accommodates a broad spectrum of consumer preferences.
  - Occupancy Rates: As of August 2022, the shopping mall had a high tenancy rate of 91.2%. This is a sign of its popularity amongst sellers and consumers alike, recommending a consistent stream of foot traffic and consistent earnings generation.
  - Investment Appeal: Given its tactical area, substantial GLA, varied renter mix, and high occupancy rate, Riyadh Park Mall represents a robust investment opportunity. Its success aspects act as a guide for what financiers need to search for in possible retail residential or commercial property financial investments in Riyadh.
  Quotation from the Report:
  
  - "Address: Parcel No 418, Riyadh Park Mall, Alamir Mohamed Ibn Saad Ibn Abdelaziz Road, Al Aqeek, Al Shimal".
  - "Land Area: 139,118 m2".
  - "Total Built-up Area: 241,220 m2".
  - "Gross Leasable Area: 105,290 m2".
  - "Occupancy (Aug 2022): 91.2%".
  Case Study 2: Granada Center Mall
  
  Granada Center Mall, a prominent retail destination in Riyadh, provides valuable insights into the city's retail genuine estate market. Let's check out why it stands as a significant case study for possible investors:
  
  - Prime Location: The mall lies in Dammam, Ash Shohda, Ar Rawdah, tactically placed to draw in a wide client base.
  - Extensive Area: Covering an acreage of 421,330 m ², Granada Center Mall is among the biggest in Riyadh. It has a total built-up location of 318,064 m two and a Gross Leasable Area (GLA) of 102,080 m ²
  . -Leasable Area and Structure: The shopping center's comprehensive leasable area is attentively distributed over 2 floorings, improving the shopping experience. The floor-wise circulation is as follows:.
  
• First Floor: 60,027 m TWO
  . -Ground Floor: 42,052 m ²
  . -Tenant Diversity: The mall hosts a range of renters, consisting of local and global brands, which accommodates a broad market, increasing its appeal as a retail destination.
  - Occupancy Rate: Despite being partially under renovation, the shopping mall kept a 64% occupancy rate as of August 2022. This figure is most likely to enhance post-renovation, making it an appealing possibility for future development.
  - Investment Potential: Granada Center Mall's size, place, and renter mix position it as a strong contender in Riyadh's retail market. Its big GLA and renovation plans signal potential for worth gratitude, making it an appealing choice for investors.
  Quotation from the Report:
  
  - "Address: Granada Center Mall, Dammam, Ash Shohda, Ar Rawdah".
  - "Land Area: 421,330 m ² ".-" Total Built-up Area: 318,064 m ² ".-" Gross Leasable Area: 102,080 m TWO ".-" Occupancy (Aug 2022): 64% (some parts of the shopping center under renovation)".
  Case Study 3: Al Nakheel Mall
  
  Al Nakheel Mall, a crucial retail residential or commercial property in Riyadh, emerges as an interesting case study for investors. Here's a comprehensive expedition of its features:
  
  - Strategic Location: Located on Othman Bin Affan Road, Abi Sofian Ibn Harb, Mugharazat, Al Olaya, this mall take advantage of its position in a populated and affluent area of Riyadh.
  - Substantial Size and Offering: The shopping center covers an acreage of 238,769 m two with a total built-up location of 299,448 m ² and a Gross Leasable Area (GLA) of 81,322 m ². This substantial size assists in a diverse series of retail and leisure offerings.
  - Leasable Area Distribution Across Floors:.
  
• Second Floor: 20,767 m ²
  . -First Floor: 58,463 m ²
  . Ground Floor: 2,091 m ²- This distribution caters to different retail and leisure experiences, attracting a broad consumer base.
  
• Tenant Diversity: Al Nakheel Mall's occupant mix includes a variety of local and worldwide brands, drawing in a diverse group of buyers and making sure consistent step.
  - Occupancy and Investment Potential: As of August 2022, the shopping mall reported a tenancy rate of 82.0%. This fairly high occupancy rate, combined with its size and area, marks Al Nakheel Mall as an appealing investment opportunity in the Riyadh retail market.
  - Additional Considerations: The shopping center belongs to the Arabian Center Group, including to its credibility and appeal. Its big GLA and diverse occupant mix position it well within the competitive landscape of Riyadh's retail residential or commercial properties.