Cityscape World... another chapter of excellence
Abdulaziz Alissa
Riyadh witnessed during last October a number of events and exhibitions that created a great economic movement, which made the capital the focus of the attention of the media, interested parties and international officials, and provided an opportunity for understandings, agreements and intercontinental deals that achieved 175 billion dollars in three forums.
Nowadays, Riyadh welcomes another chapter of excellence. <These days, Riyadh is also receiving Cityscape Global, one of the largest real estate events in the region, to find the way paved for the completion of qualitative deals, as the World Tourism Forum deals reached 113 billion dollars, the Future Investment Initiative achieved 50 billion dollars, while the agreements at the Bipan Forum reached 46 billion riyals, these are just examples that promise a qualitative real estate summit that will be achieved in it. This optimism comes from the data and statistics in Cityscape Riyadh's impeccable record, and His Excellency the Minister of Municipalities and Housing has already referred to the development witnessed by the outputs of the exhibition, as the value of real estate deals doubled from $ 30 billion in 2023 to $ 61.2 billion dollars the following year, including 5.3 billion dollars worth of deals concluded within the exhibition itself, confirming the exhibition's position as a major platform for major deals, while the total value of investors« real estate assets doubled from 1 trillion dollars in 2023 to about 3.3 trillion dollars in 2024, which is the underlying secret that explains the growing interest in the exhibition.
Riyadh's real estate outputs have doubled from 30 billion dollars in 2023 to 61. Cityscape Riyadh is one of the largest real estate events in the region, which supports urban and investment growth in the Kingdom, and its technical importance is evident in that it brings together real estate developers, investors, planning experts, financing houses and government agencies under one roof, creating a fertile environment for the development of major opportunities and projects beyond the local market boundaries to regional and international horizons.
On a technical level, Cityscape Riyadh is one of the largest real estate events in the region. The exhibition contributes to the development of the building and construction sector by introducing companies to the latest technologies, materials and innovations in the field, in addition to supporting national small and medium-sized enterprises by providing new partnership opportunities.
On the other hand, the exhibition contributes to the development of the building and construction sector by introducing companies to the latest technologies, materials and innovations in the field.
