ROSHN Returns as Founding Partner of Cityscape Global for Second Year

RIYADH — ROSHN Group, Saudi Arabia’s leading national multi-asset class real estate developer and a giga-project wholly owned by the Public Investment Fund (PIF), is returning for the second consecutive year as a Founding Partner of Cityscape Global, the Kingdom’s premier international real estate event. The four-day gathering, scheduled from November 11 to 14 in Riyadh, will see ROSHN unveil its largest presence yet, showcasing its visionary urban developments that align with the Kingdom’s ambitious Vision 2030 goals.

Context and Background

ROSHN, established as a cornerstone of the Saudi Vision 2030 housing and urban development program, focuses on creating integrated, human-centric communities that redefine modern living. As a PIF giga-project, the developer plays a pivotal role in diversifying the Kingdom’s economy and enhancing the quality of life for citizens and residents. The announcement, carried by the Saudi Press Agency (SPA), highlights ROSHN’s growing influence in the real estate sector, both domestically and internationally. Cityscape Global serves as a strategic platform for ROSHN to demonstrate its progress in transforming the concept of urban living, with particular emphasis on residential projects that blend style, quality, and sustainability.

Key Details

During Cityscape Global, ROSHN will occupy a prominent booth in Hall One, spanning over 1,440 square meters, where it will showcase its mixed-use destinations and real estate assets, including retail, commercial, and sports facilities. For the second year running, the developer will host the region’s largest Property Technology (PropTech) hackathon, offering valuable prizes totaling SAR 1.5 million for cutting-edge solutions that shape the future of real estate development in the Kingdom. Through its YUHYEEK CSR program, ROSHN will also present the ROSHN Green Initiative, an ecological restoration and planting effort designed to enhance environmental sustainability and quality of life. Visitors will be able to experience ROSHN communities through immersive virtual and augmented reality technologies.

Implications and Impact

ROSHN’s continued partnership with Cityscape Global underscores its leadership in the regional real estate market and its commitment to advancing innovation through technology and sustainability. The PropTech hackathon, a key highlight, is expected to attract entrepreneurs, developers, and innovators from across the region, fostering a culture of creativity that supports Saudi Arabia’s digital transformation. Additionally, the ROSHN Supply Chain Forum, held concurrently, will engage suppliers to advance discussions on local content and create impactful partnerships, boosting the private sector and economic diversification. These initiatives not only strengthen ROSHN’s market position but also contribute to the broader goal of increasing home ownership and economic opportunities for Saudis.

Vision 2030 Alignment

ROSHN’s participation at Cityscape Global is a direct reflection of Saudi Vision 2030’s objectives to build an ambitious nation, promote home ownership, enhance quality of life, and create economic opportunities for the private sector. “As the leading national multi-asset developer, we are a force for transformation,” Dr. Khalid Johar, Acting Group Chief Executive Officer of ROSHN, stated in the official release. “We are committed to supporting Vision 2030’s goals of building an ambitious nation that promotes home ownership, quality of life, and economic opportunities for the country’s private sector.” By showcasing its human-centric projects and fostering innovation, ROSHN is setting a benchmark for sustainable urban development in the region, paving the way for a prosperous future aligned with the Kingdom’s long-term strategic ambitions.

20 Questions

Q1. What is ROSHN Group?

A1. ROSHN is Saudi Arabia’s leading national multi-asset class real estate developer and a PIF giga-project, focused on creating integrated, human-centric communities that align with Vision 2030.

Q2. What is Cityscape Global?

A2. Cityscape Global is Saudi Arabia’s premier international real estate event, held annually in Riyadh, showcasing the latest developments, technologies, and investment opportunities in the real estate sector.

Q3. Is ROSHN a founding partner of Cityscape Global for the first time?

A3. No, ROSHN is returning as a founding partner for the second consecutive year, demonstrating its sustained commitment to the event and the real estate industry.

Q4. When and where will Cityscape Global 2024 take place?

A4. The event will take place from November 11 to 14, 2024, in Riyadh, Saudi Arabia.

Q5. What will ROSHN showcase at its booth?

A5. ROSHN will showcase its mixed-use destinations and real estate assets, including retail, commercial, and sports facilities, across a 1,440-square-meter booth in Hall One.

Q6. What is the PropTech hackathon?

A6. The Property Technology hackathon, hosted by ROSHN for the second year, invites innovators to develop cutting-edge solutions for the real estate sector, with prizes totaling SAR 1.5 million.

Q7. What is the ROSHN Green Initiative?

A7. It is part of ROSHN’s YUHYEEK CSR program, focusing on ecological restoration, planting, and enhancing quality of life through sustainable environmental practices.

Q8. How can visitors experience ROSHN communities at the event?

A8. Visitors can use virtual and augmented reality technologies to immerse themselves in ROSHN’s liveable, human-centric communities at the Cityscape Global booth.

Q9. What is the ROSHN Supply Chain Forum?

A9. It is an event where ROSHN engages with suppliers to advance discussions on local content and create impactful partnerships, supporting the private sector.

Q10. Who is the Acting Group CEO of ROSHN?

A10. Dr. Khalid Johar serves as the Acting Group Chief Executive Officer, leading ROSHN’s strategic direction and Vision 2030 alignment.

Q11. How does ROSHN support Vision 2030?

A11. ROSHN supports Vision 2030 by promoting home ownership, enhancing quality of life, creating economic opportunities for the private sector, and driving sustainable urban development.

Q12. What is the size of ROSHN’s booth at Cityscape Global?

A12. The booth spans over 1,440 square meters, located in Hall One, making it one of the largest and most prominent at the event.

Q13. What types of projects does ROSHN develop?

A13. ROSHN develops mixed-use destinations, residential communities, retail, commercial, and sports facilities, integrating green spaces and pedestrian-friendly streets.

Q14. What is the YUHYEEK CSR program?

A14. YUHYEEK is ROSHN’s corporate social responsibility program that includes initiatives like the Green Initiative, aimed at ecological restoration and improving community well-being.

Q15. How does the PropTech hackathon benefit the real estate sector?

A15. It fosters innovation by attracting entrepreneurs and developers to create solutions that modernize real estate development, supporting digital transformation in the Kingdom.

Q16. What is the prize money for the PropTech hackathon?

A16. The total prize money for the hackathon is SAR 1.5 million, awarded to winning cutting-edge solutions for the real estate industry.

Q17. Who announced ROSHN’s participation at Cityscape Global?

A17. The announcement was made via a press release from ROSHN, reported by the official Saudi Press Agency (SPA).

Q18. What technologies will be used at the ROSHN booth?

A18. Virtual and augmented reality technologies will allow visitors to experience ROSHN communities and explore the developer’s projects interactively.

Q19. How does ROSHN’s participation impact the local economy?

A19. By hosting the supply chain forum and promoting local content, ROSHN boosts partnerships with the private sector, creating economic opportunities and supporting Vision 2030 goals.

Q20. What is the long-term goal of ROSHN’s initiatives?

A20. ROSHN aims to set a benchmark for sustainable, human-centric urban living in Saudi Arabia, contributing to a diversified economy and enhanced quality of life under Vision 2030.

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