S&PReport

S&P Forecasts Rise in Saudi Developers' Profits and Revenues Due to Increased Off-Plan Sales

S&P Forecasts Rise in Saudi Developers’ Profits and Revenues Due to Increased Off-Plan Sales

According to a recent report from S&P, Saudi Arabia is poised to experience higher off-plan sales, leading to an uptick in developers' revenue and profit margins. Off-plan development offers the advantage of pre-financing construction, facilitating quicker cash collection and reducing developer risk, thereby meeting the sector's funding requirements. Read this also : Bloom Holding Sells Out Sixth...

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