Saudi Arabia’s four-day Cityscape Global exhibition in Riyadh, concluded with real-estate transactions exceeding SR237bn ($63.2bn), underscoring the Kingdom’s growing magnetism for both local and international investors.
The event drew a record 577 exhibitors, including 265 international participants representing major global firms in real-estate development, urban planning, construction and sustainability.
Majed Al‑Hogail, Minister of Municipalities and Housing and Chairman of the Real Estate General Authority, said the exhibition’s results demonstrate the strength of Saudi Arabia’s real-estate sector and the progress of its investment ecosystem.
Cityscape Global in Saudi Arabia
He emphasised that the SR237bn ($63.2bn) transaction figure “underscores the sector’s reliability and attractiveness and the Kingdom’s progress in developing its real-estate landscape and cities.”
Al-Hogail highlighted the collaboration between government entities and the private sector in achieving these results and pointed to the broad range of products showcased at the exhibition.
These included residential and commercial development projects, advanced digital solutions from PropTech start-ups in asset management and urban planning, as well as innovations in modern construction technologies.
He concluded that Cityscape Global reinforces the Kingdom’s role in shaping the cities of the future and noted that the partnerships formed at the event “further enhance its growing role in developing a more competitive and sustainable real-estate sector.”
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