Servcorp, a global provider of premium flexible office solutions, has announced the opening of its new office location in King Abdullah Financial District, Riyadh. This strategic move aligns with KAFD’s vision to enhance Riyadh’s position as a global business and lifestyle destination, offering a sophisticated platform for businesses to connect and grow their operations.
The opening is part of Servcorp’s strategy to extend its regional footprint, offering state-of-the-art office solutions to startups, SMEs, and multinational corporations. The facility features fully equipped private offices, co-working spaces, virtual offices, and meeting rooms, complemented by professional 24/7 IT support and local expertise.
A key driver of Riyadh’s economic ambitions, KAFD is the largest Platinum Leadership in Energy and Environmental Design certified mixed-use business district in the world. Set in the heart of the Saudi capital, KAFD is home to 1.6 million square meters of state-of-the-art office spaces, world-class venues, and iconic luxury residences, designed to transform the way urban communities live, work, and play.
David Godchaux, CEO of Servcorp for the Middle East, Europe and America, said: “We are delighted to open our new location in KAFD, aligning Servcorp’s expansion with Saudi Arabia’s strategic vision in one of the region’s most significant developments.”
Our clients in KAFD will benefit from state-of-the-art technology, and world-class office solutions backed by Servcorp’s global infrastructure.”
“With the number of SMEs in Saudi Arabia growing by an impressive 3.1 percent in Q4 2023 to more than 1.3 million, the total number of SMEs in Riyadh alone reached 571,298 by the end of the year. With this rapid expansion in entrepreneurship and SMEs, and the vast interest in co-working spaces, we are thrilled to welcome Servcorp to KAFD,” said Gautam Sashittal, CEO of the King Abdullah Financial District Development and Management Company. “Servcorp’s innovative workspace solutions are a strategic addition to our district, perfectly aligning with our vision of becoming a full-service business hub. This new partnership not only enhances our ability to support business success but also underscores KAFD’s vital role in driving the Kingdom’s economic diversification and achieving the ambitious goals of Vision 2030.”
