A Platform for Saudi Real Estate Market and Vision 2030
Cityscape’s first edition has quickly become the leading property event globally.
As part of Saudi Arabia’s Vision 2030, giga projects like Neom, Red Sea, Diriyah, Qiddiya, and ROSHN, have been launched over the past few years, and an event like Cityscape Global helps the kingdom showcase its ambitions. “We’re already represented, we’re one of the first ever real estate shows ever to host all the giga projects from the kingdom at one event. It’s never been achieved before. We‘ve captured the local markets, now, it’s about globalizing that,” says Speller of Cityscape Global’s contribution.
“Saudi Arabia has an unbelievable vision, Vision 2030, which is being set by HRH Prince Mohammed Bin Salman, Crown Prince and Prime Minister of Saudi Arabia, which has captured the minds of the individuals in the kingdom. But what it’s also done is turn the real estate market on its head.” says Speller. “What’s happening in the kingdom and the size of the giga projects and the insistence on integrating sustainability and infrastructure on a different scale that we’ve never seen around the world, isn’t just capturing our eyes, but it is capturing the interests of the entire ecosystem from around the world,” he adds.
Saudi Arabia is becoming one of the more exciting real estate markets globally. As stated in its 2030 Vision, Saudi Arabia aims to increase foreign direct investment from 3.8% to the international level of 5.7% of GDP. Cityscape Global 2023 has provided an excellent platform for that vision.
“Saudi Arabia is taking all the best parts of what’s going on in the world and integrating it within its projects, which will become a reality by 2030. What they’re really doing is looking at the individuals who are going to live, work, and occupy these new cities that they are building on a scale none of us has ever seen. ey are building something which will literally change the world in how it considers what living might look like, from smart living to economics and ergonomics to how work and lifestyle combine,” he adds.