Cityscape continues its second day of real estate launches and previews the future of urban living

Cityscape Riyadh showcases the future of urban living and boosts investments in the Saudi real estate sector.
Cityscape 2025 Riyadh

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The Cityscape Global 2025 continues in Riyadh, with the second day seeing continued investment launches and specialized discussions on urban development trends and the ”future of urban living.”
The first and second day of Cityscape Global 2025 saw the role of mega national projects and foreign direct investment (FDI) in boosting the real estate sector. Sessions on the first two days of Cityscape Global addressed the role of major national projects and foreign direct investment in boosting the real estate sector, with a dedicated session featuring Real Estate Development Fund CEO Louay Al Nahid, NHC CEO Mohammed bin Saleh Al Batti and King Street Capital Management founder and managing partner Brian Higgins, who discussed the growing global market interest in Saudi real estate and new opportunities in the data center and digital infrastructure sectors.


As part of continuing discussions on the future of Saudi cities, a panel discussion was held on urban life in major regions, with the participation of H.E. Jeddah Governor Saleh Al Turki, H.E. Holy Capital Governor Musaed bin Abdulaziz Al Daoud, H.E. Asir Governor Abdullah Mahdi Al Jali, and JLL Regional Director in the Kingdom Saud Al Sulaimani, and participants reviewed the efforts of municipalities to improve quality of life, enhance investment attractiveness, address stalled projects, and develop urban plans that match the nature and needs of each area.

In a related context, a specialized session on urban transformation addressed the role of major events in supporting urban development, with the participation of the CEO of the Saudi Tourism Authority, Fahd Hamiduddin, CEO of City Visions Holding Company, Ahmed Al Juhani, President of the Italian National Tourism Council, Alessandra Bryant, and Chairman and CEO of Swiss-Belhotel International, Gavin M. Faul, participants emphasized the importance of long-term planning and building an urban system capable of benefiting from the global tourism movement and the experiences of international cities.


A panel discussion on the future of urban planning in the Kingdom, featuring ROSHN Group Chief Development Officer Osama Kabbani and Bjarke Ingels Group CEO Sheila Minnie Søgaard, discussed the prospects for urban development using artificial intelligence and vertical transportation systems, and the importance of resilience, sustainability and youth participation in shaping the cities of the future.
John Pagano, CEO of Red Sea International, reviewed the rapid progress in the development of major Saudi destinations, noting that 10 resorts are ready for operation and 17 additional resorts will open in the coming year, emphasizing the company's commitment to sustainability and the development of destinations powered entirely by renewable energy.
In terms of investment announcements, the exhibition witnessed real estate deals worth $43 billion during the first two days, reflecting the continued growth in development and urban projects, while Roshan Group announced a new development project worth $293 million with more than 700 residential units, and Albilad Financial Company announced the launch of the $4.4 billion “Mecca Vision” fund to develop a 686,000 square meter site, along with “Real Estate Opportunities 2” fund for a mixed-use project in Cordoba with an area of 229,000 square meters.


ALUPCO and Asia Aluminum launched a $500 million Saudi-Chinese industrial partnership to establish aluminum factories dedicated to the needs of major real estate projects, while Al Awwal Investment Company announced the launch of two funds worth $764 million to develop office and development projects in the Al Sahafa and Al Hamra neighborhoods in Riyadh.
In addition to the investment announcements, the exhibition offers special offers to visitors that include discounts, cashback and real estate financing options with less than 3% on-site, in addition to the opportunity to win more than 11 million riyals in prizes during the days of the exhibition.
Cityscape Global 2025 continues in Riyadh until November 20, amid wide participation from government agencies, developers, investors and experts, reflecting the growing real estate movement in the Kingdom and its role in shaping the features of the next generation of cities in the Kingdom.