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The Royal Commission for Riyadh City (RCRC) has appointed global real estate advisory firm JLL as the leasing advisor for the commercial network of Riyadh Metro, in a move aimed at transforming the kingdom’s new transit hubs into major commercial destinations.
Under the agreement, JLL will develop and manage the retail strategy for 733 commercial units across 85 metro stations and 2,900 bus stops.
The firm will handle tenant mix planning, leasing management, rental rate analysis, and the full leasing cycle, including competitive tenders for retail outlets, ATMs, and click-and-collect kiosks.
Riyadh Metro to serve 3.6 million commuters every day
Riyadh Metro, part of Saudi Arabia’s Vision 2030 urban transformation, is a six-line network expected to serve 3.6 million daily commuters.
The commercial spaces are designed to integrate retail and dining into the city’s public transport experience, offering strong exposure for brands and new investment opportunities.
“Our strategic partnership as the leasing advisor for the Riyadh Metro commercial network is a powerful affirmation of JLL’s commitment to championing Saudi Arabia’s Vision 2030,” said Dana Williamson, head of Offices and Business Space for MENA at JLL. “We look forward to working alongside the RCRC to attract leading brands and maximise commercial viability.”
The leasing process will follow a transparent public bidding framework, with requests for proposals issued through the FORAS platform.
