Cityscape, the world’s largest real estate exhibition, begins in the Kingdom of Saudi Arabia

The next session of the world exhibition will take place in September 2023 and will witness the launch of the most prominent regional and international projects, the latest technologies of quality of life and smart designs.

The distinguished exhibition reveals the features of the future of the real estate sector in the Kingdom of Saudi Arabia

Dubai United Arab Emirates : Informa has announced the launch of Cityscape International, the largest event in the real estate sector. For the first time in the Kingdom of Saudi Arabia between 10 and 13 September 2023, at the Riyadh International Exhibition and Conference Centre, visitors are offered a unique opportunity to learn about the latest developments and pioneering concepts in the real estate world.

On this topic, Chris Speller, Vice President of Cityscape International Affairs, said: “We are pleased to hold the International Cityscape Exhibition in 2023 to attract local and foreign investment to the global real estate sector, and to establish an impetus to ‘ a new world for the future generation. We are proud to be the premier event that has taught the world about the Burj Khalifa, Palm Jumeirah and the Battersea Power Station rehabilitation project, and through the premier summit and exhibition we offer a pioneering vision of the future of real estate and the living scene in 2050 and beyond.” Cityscape International is held under the umbrella of Tahaluf, a new company representing a strategic collaboration between Informa plc and the Saudi Federation for Cyber ​​Security, Programming and Drones.

Speller explained: “The exhibition provides a forum for business between owners and real estate agents, as well as bringing together various members of the global real estate community who focus on creativity and sustainability, including architects, real estate technology innovators, artists, interior designers, investors, government leaders and others.”

Cityscape International Group aims to hold the largest real estate event for the first time in the Kingdom of Saudi Arabia in 2023, aiming to attract approximately 40,000 visitors and 200 exhibitors on an area equivalent to five football fields, with the participation of 1,500 speakers to showcase the latest ideas and visions in the sector within a conference programme.

Cityscape showcases various aspects of life in the 21st century, including technology, hospitality, entertainment, real estate, e-commerce, banking and financial services, health, security and built environments.

Speller added, “Saudi Arabia’s Vision 2030 and the National Transformation Program revolve around several goals, the most important of which are attracting local and foreign investment and promoting digital transformation and sustainability within the Kingdom, making Saudi Arabia the ideal destination for the following edition of Cityscape International, and we look forward to highlighting these axes and their importance in promoting development in the real estate sector.

Holding the Cityscape International exhibition for the first time in Riyadh presents a great opportunity for Tahaluf Company, as Saudi Arabia is one of the youngest countries in the world, and the percentage of youth under the age of 35 is about 56% of its population, all of whom have ambitious aspirations in terms of living standards. The Kingdom has achieved remarkable numbers that have improved the transparency of the real estate sector in the region as it seeks to attract $100 billion in foreign direct investment by 2030, with expectations that its compound annual economic growth rate will reach 9.74% in 2027. in addition to a significant increase in the number of multinational companies opening their headquarters in the region with the aim of participating in the major projects being built in the Kingdom. The Saudi government, which is one of the world leaders in developing smart cities, is committed to building 1.5 million new homes by 2030 and enabling 70% of its population to own their own homes.

The Saudis also contribute to providing unique opportunities for foreign real estate development companies by investing in real estate outside the Kingdom. The value of Saudi foreign direct investment reached 8 billion US dollars last year, and was mainly concentrated in the United Kingdom, the United Arab Emirates, Singapore, Scandinavian countries, China, Canada, Turkey, Belgium, the Netherlands and Luxembourg.

The Cityscape Global Exhibition in Riyadh will reflect the comprehensiveness of the real estate sector in the region, as it includes a special pavilion for start-ups less than two years old, with the Cityscape Awards ceremony recognizing the achievements of the most prominent individuals and companies in the real estate world, such as developers, architects and others, according to standards of excellence and quality Services.

The world exhibition hosts the Investment Wealth Forum, which includes a series of dialogue sessions for the most prominent wealth management experts, legal advisors, bankers and advisory experts from around the world. The exhibition also includes a special corner for developers which gives them the opportunity to meet consumers, retailers and corporate officials from the residential, commercial, retail and industrial real estate sectors, in addition to the Smart Cities and Technology corner, which highlights tone set digital transformations in the real estate sector through special content aimed at investors, designers, construction specialists, managers and property owners and real estate companies, while the Design Corner offers a creative space for networking and design showcases focusing exclusively on engineers, architects. interior designers and model makers.

In turn, the LEAP conference at the exhibition brings together the brightest names in the world of technology to showcase their pioneering vision of what life will look like in the future. Financial and government institutions can also review their security and regulatory plans within the Stadsbeeld dialogue sessions dedicated to the real estate sector, while the effectiveness of technological business incubators enables technology entrepreneurs to present their projects and innovative solutions and finance from investors in attract the sector. The show also hosts the expanded Buyers Programme, which focuses on key markets and brings together decision makers from institutional investors, sovereign wealth funds and high net worth individuals.

The 2023 edition of Cityscape International focuses on pioneering concepts that include innovative smart cities, real estate technology, urban transformation, smart mobility centers and the built environment, and has managed to attract large numbers of international industry leaders since today.

Speller added: “We look forward to the launch of the global Cityscape exhibition in the Kingdom of Saudi Arabia 10 months from today, which reviews the latest pioneering ideas to highlight the characteristics of the real estate scene, its broad horizons and the lifestyle. in the future.”

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