Cityscape Global 2025 continued in Riyadh today (November 38) with a series of real estate deals and policy discussions around the theme: The Future of Urban Living.  Sponsored by Ministry of Municipalities and Housing, in partnership with REGA, Vision 2030 and Housing Program, and organised by Tahaluf, Cityscape Global has become the leading platform for convening international real estate leaders to discuss investments, planning and innovation. On day one, a dedicated panel discussion with Loaye Al-Nahedh, CEO, REDF; Brian Higgins, Founder & Managing Partner, King Street Capital Management and Mohammed bin Saleh Albuty, CEO, NHC, joined to discuss how Saudi Arabia’s government-backed initiatives are reshaping investor confidence.  They noted a sharp rise in global…

Reportage Properties in Saudi Arabia and Egypt CEO, Mr. Eslam Hammam, expected the company’s sales to exceed SAR 500 million by the end of 2025. Hammam confirmed that this strong performance reflects the company’s commitment to a sustainable development approach over the past years, based on delivering high-quality residential projects that meet the needs of the growing Saudi market. The CEO noted that the clients and investors trust in the company, particularly in Riyadh, has been a pivotal factor in achieving this growth, noting the company's commitment to providing modern real estate products based on clear standards of quality and urban planning. Hammam confirmed that Reportage Saudi Arabia is preparing to enter a strategic expansion phase in 2026. He said that the…

Cityscape Global 2025, the world’s most attended real estate show, will gather global thought leaders across every aspect of urban development, to share strategic insights on building smarter, more liveable, and resilient urban environments. Cityscape Global 2025 will be held in Riyadh from November 17 to 20. With global urbanisation set to reach 68% by 2050, and the Middle East’s urban population projected to climb to 75%, human-centric planning is essential. Cityscape Global will spotlight how designing cities around people delivers measurable improvements in health, equity, and economic resilience at the scale that the region’s rapidly expanding cities demand. Taking place on the Main Stage on Day 3 of Cityscape Global, the Future of Living Summit will be focused…

Reportage KSA, a leading real estate developer in Saudi Arabia, announced total sales exceeding SAR 350 million in 2024, a new proof the success to their expansion strategy in the Saudi market. “We continued to achieve outstanding performance over the past year, reflected in increased sales. This confirms our ability to keep pace with market changes and launch new projects that meet the needs of a diverse customer base,” said Islam Hammam, CEO of Reportage KSA. Hammam revealed the company's strategic expansion plan for 2025, which includes the launch of more than 7 new projects in Riyadh, in addition to expanding in Jeddah, in line with the growing demand for modern and integrated residential communities.He pointed out that the company aims to increase the scope of works…

Diriyah Company has announced the launch of its Media and Innovation District in the historic birth place of Saudi Arabia. Spanning 250,000 sq m of office GFA, the district will feature 450 residential units as well as 15,000 sq m retail space with a mix of dining options. The pioneering, future-focused hub, which was officially unveiled at the MIPIM property expo in Cannes, France, will redefine the kingdom's technology, media and communications industries by creating a dynamic new ecosystem within Diriyah, encouraging innovation and collaboration between local and global industry leaders. ​ According to Diriyah, the district will serve as a new home for global media networks, creative agencies, and professionals seeking a collaborative ecosystem with hitech infrastructure, designed…

Dar Global, the London-listed luxury real estate developer, has announced the launch of Trump Tower Jeddah, a SAR 2 billion ($531 million) architectural masterpiece being developed in partnership with the Trump Organization, thus bringing a new level of opulence and exclusivity to the Kingdom. Gracing Jeddah’s Corniche, this 47-floor tower will stand as one of the city’s tallest residential towers, introducing a new level of opulence and exclusivity to the Kingdom. Strategically located near other iconic landmarks, Trump Tower Jeddah is more than just a residential project, it is a lifestyle revolution. Among its highlights is the Trump Club, the Kingdom’s first-ever members-only social club slated to be the ultimate destination for the city’s elite. The club…

Saudi Arabia’s Bonyan REIT has completed the divestment of a residential property in Dubai and generated more than SAR 279.9 million ($74.5 million) in proceeds. The 69-unit Citywalk 2B in Dubai, initially acquired by the real estate investment traded fund during its inception for SAR 262.5 million, had generated a rental income of more than SAR 54.9 million throughout the investment period. The fund started divesting the units in the property in December 2022. It has recently finalised the exit, with total sales proceeds amounting to SAR 279,921,816, the REIT’s fund manager BSF Capital said on Wednesday. Bonyan REIT has allotted a huge chunk of the proceeds for the early prepayment of its Shariah- compliant loan. Established in 2018, the Saudi-listed Bonyan REIT seeks to…

RIYADH — Minister of Municipalities and Housing Majid Al-Hogail announced significant growth in Saudi Arabia’s real estate sector at the opening of Cityscape Global 2024, the Kingdom’s largest property event themed 'The Future of Living.'"The number of local real estate developers participating this year has doubled to over 100, alongside 69 international developers," Al-Hogail stated, attributing this increase to the continuous rise in real estate transactions, which have exceeded SR630 billion since the beginning of the year.He highlighted that this momentum has positioned real estate as a core driver of economic diversification in the Kingdom.The minister unveiled new strategic projects and agreements surpassing SR 180 billion —a 50% increase over last…

  Cityscape Global, the world's largest real estate event, opened its doors today (November 11) in the Saudi capital with an expanded focus on driving business-to-business (B2B) transactions, marking its second consecutive year under the theme "The Future of Living". Running until November 14 at the Riyadh Exhibition & Convention Centre, this year’s event grows to add on two new halls over 45,000 sq m, featuring various new segments, more than 150 hours of content, 500 experts sharing ‘Future of Living’ insights, and 400 exhibitors, said the organiser Tahaluf, a joint venture of the Saudi Federation for Cybersecurity, Programming, and Drones, the Events Investment Fund, and global company Informa. Cityscape Global 2024 will offer real estate technology…

Reportage Properties, the leading UAE-based real estate developer, will be present to share in the activities "Cityscape Global 2024" exhibition, which is held in Saudi Arabia for the second year in a row, under the slogan "The Future of Life", at the Riyadh Exhibition and Convention Center in Malham, north of Riyadh, from November 11 to 14.   "Reportage Properties" confirmed keenness to participate in the "Cityscape Global 2024" exhibition in Riyadh, which provides an important platform for investors, real estate developers, designers and innovators, to exchange experience and expertise and make deals, in addition to explore the most important real estate projects worldwide. During participation in the exhibition, Reportage will showcase their latest real estate projects inside…

Saudi Arabia's residential real estate market is witnessing solid growth with the number of new residential units and mortgages continuing to rise, in keeping with the country's homeownership target, according to S&P Global Ratings. The kingdom's thriving residential real estate market reflects strong growth fundamentals and a largely youthful population of over 35 million people, stated S&P Global Ratings in its latest report titled 'Saudi Residential Real Estate: The Market Is Booming.' In S&P’s view, Saudi Arabia's economic indicators and population growth will remain strong. "We believe that Saudi Arabia's economic indicators and population growth will remain strong, and that new household formation and declining interest rates will support the demand for…

RIYADH — The Jeddah Mayoralty, in collaboration with the relevant authorities, managed to reclaim 18 government land sites on the waterfront in North Obhur along the Red Sea coast, with an area exceeding 217,000 square meters, during the current week. This was part of the mayoralty's ongoing efforts to protect public property.   The total number of sites that have so far reclaimed since the start of the mayoralty's field campaign to remove encroachments accounted for 52 sites, covering a total area of 3.254 million square meters , the Saudi Press Agency reported. The mayoralty seeks to refurbish these sites and open them to be public parks.   The mayoralty stressed the continuation of efforts, in collaboration with the relevant authorities, to reclaim government land…