Amman Commercial Real Estate 0 Listings

Amman: A Premier Destination for Commercial Real Estate

Introduction

Amman, the capital city of Jordan, is emerging as a vibrant hub for commercial real estate (CRE) investment. As the largest city in Jordan, Amman boasts a diverse economy with strong industry clusters in finance, technology, and logistics. Its strategic location at the crossroads of Asia, Africa, and Europe, coupled with a burgeoning middle class, makes it an attractive destination for CRE professionals seeking opportunities in office, industrial, and retail sectors.

Economic and Industry Overview

Amman's economy is driven by a mix of traditional and modern industries. Key sectors include:

Finance and Banking: Amman is the financial heart of Jordan, hosting numerous banks and financial institutions.
Technology and Innovation: The city is home to a growing number of tech startups and innovation hubs.
Logistics and Transportation: Its strategic position makes it a central node for logistics in the region.

These industries drive demand for various commercial property types, including office spaces for tech firms and banks, industrial zones for logistics companies, and retail spaces due to increasing consumer activity.

Strategic Location and Transportation Infrastructure

Amman benefits from a well-developed transportation infrastructure:

Queen Alia International Airport: A major hub for international flights, facilitating global connectivity.
Highways: The city is connected by major highways, enhancing regional trade routes.
Public Transportation: An expanding public transportation network supports labor mobility.

For more details, visit the Jordan Department of Transportation.

Commercial Real Estate Inventory & Zoning

Amman features diverse CRE submarkets:

Central Business District (CBD): The epicenter for office spaces and corporate headquarters.
Industrial Corridors: Located on the outskirts, these areas cater to manufacturing and logistics.
Innovation Districts: Zones fostering tech startups and research initiatives.

Notable zoning changes and incentives for developers can be found on the Amman Municipality's Zoning Map.

Major Employers and Institutions

Amman hosts several leading employers:

Arab Bank: A major financial institution with headquarters in Amman.
Zain: A leader in telecommunications.
University of Jordan: A significant educational institution driving demand for research facilities.

For a comprehensive list of employers, refer to the Amman Chamber of Commerce.

Notable Commercial Developments & Projects

Key projects enhancing Amman's CRE landscape include:

Abdali Project: A mixed-use development featuring residential, retail, and office spaces.
King Hussein Business Park: A technology and business hub.
Opportunity Zones: Areas designated for economic revitalization through tax incentives.

Explore more via the Greater Amman Municipality Planning Department.