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JLL signs MoU with Saudi Chamber of Commerce to improve transparency

JLL signs MoU with Saudi Chamber of Commerce to improve transparency

June 2016

JLL has signed a Memorandum of Understanding (MoU) with the Saudi Eastern Province Chamber of Commerce & Industry to improve transparency in the region’s residential, retail, office and hospitality real estate market.

JLL will assist the Damman-based Chamber to improve the quality and accuracy of data being collected and shared in the market by collaborating directly with major retailers, developers, hoteliers and Government bodies amongst others.

“The MoU is part of a series of JLL Saudi initiatives to support greater real estate market transparency across the Kingdom. Such collaborative initiatives will enable stakeholders to gain valuable insights in regards to market sentiment and challenges. We are hopeful that this initiative will aid decision making processes and contribute towards the economic development of the Province,” says JLL.

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