Cityscape Global’s Post

Exciting news for the real estate sector in Riyadh! With the hosting of Expo 2030 by the Kingdom of Saudi Arabia, we can expect a surge in demand for commercial and residential properties, which will surely impact prices overall. This presents a great opportunity for new real estate projects and the updating of existing facilities to meet this demand. Additionally, hosting the exhibition will boost infrastructure development and economic growth in the city. #Expo2030 #RiyadhRealEstate #EconomicGrowth

Illuminated by city lights at night, Riyadh resembles a bright sea of flowers amidst the desert landscape. It is the capital and most populous city of Saudi Arabia, situated in the heart of the Arabian Peninsula. Riyadh's transformation has been remarkable - from a small, fortified desert village in the 17th century to a modern metropolis of several million inhabitants in the 20th century. The city offers modern office spaces, state-of-the-art communication networks, and a conducive environment for entrepreneurs. With over 4000 mosques, bustling shopping centers, and cultural souks, life in the city is dynamic and centered around family values. Riyadh plays a key role in the Saudi Vision 2030. The government aims to make Riyadh one of the world’s top 10 economic cities. With a focus on economic, industrial, and tourism growth, they plan to invest $23 billion over the next 8 years. Despite its desert surroundings, Riyadh has developed extensive green spaces and parks, offering residents and visitors a respite from the arid climate. . . . . #Riyadh #Place2Place #Globalcities #GlobalRelocation

Investment into Saudi Arabia: Unlocking Real Estate Opportunities Entering the Saudi Arabian real estate market can be a challenging endeavor without the right local connections. This is where Mayfair Berkeley comes in. As experts in navigating the complexities of the Saudi market, we offer unparalleled assistance at every level. The demand for new residential blocks, compounds, and hotels is surging. With the Kingdom’s Vision 2030 initiative and a growing need for more accommodation to support the influx of expatriates and tourists, the opportunities are immense. At Mayfair Berkeley, we provide comprehensive advisory services on the ever-changing regulations and streamline the process of sourcing land and obtaining planning approvals. Our in-depth local knowledge and network ensure that your investment journey is smooth and successful. Ready to explore the vast opportunities in Saudi Arabia? Contact us today to see how we can help you achieve your real estate investment goals. #saudiarabia #ksa #saudi #development #realestate

Hold onto your hats! Riyadh, Saudi Arabia's vibrant capital, is on the fast track to becoming a global powerhouse city! With a projected growth rate that gallops ahead to an impressive 26% increase by 2033, Riyadh is set to become a shining beacon among the world's fastest-growing cities. And what's driving this phenomenal surge? It's the Vision 2030 initiative - Saudi Arabia's ambitious plan to transform the burgeoning city into a pulsating business and residential hub. This master plan is fuelled by strategic government infrastructure investments, flourishing population growth and the lure of a generous 30-year corporate tax exemption serving as a magnet for international companies. Let's not forget the golden feather in the city's cap - the illustrious EXPO 2030. This grand event, along with a recent report predicting a bevy of over 300 millionaires set to make Saudi Arabia their home by 2024, is giving an additional boost to Riyadh's growth trajectory. Riyadh is not just growing; it's exploding with potential. And the question is - are you ready to be part of this phenomenal growth story? Sound off in the comments below if you see opportunities where others see challenges. Are you one of those who will grab the brass ring, or will you wait and watch as others pass you by? Let's get the conversation started!

Saudi Arabia's commercial real estate market is among the strongest globally, with a 𝟲𝟱% 𝘀𝘂𝗿𝗴𝗲 in office space demand in Q1 2024.  💪🏻 The market shows robust performance across all sectors, with a 𝟱𝟯% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in overall occupier demand. Industrial and retail sectors also experienced significant growth. Commercial real estate rents and capital values, especially for prime properties, are expected to continue rising, supported by large-scale infrastructure projects and government investments under the Saudi Vision 2030 plan. Despite high valuations, the market is seen as stable and still in an upturn phase. #saudiarabia #saudirealestate #realestate #vision2030 #saudigrowth #saudieconomy

Saudi Arabia's real estate sector is experiencing a significant transformation driven by the ambitious Vision 2030 initiative. This strategic plan aims to diversify the country's economy and reduce its dependency on oil revenue by focusing on sectors such as real estate and tourism. As a result, the real estate market in Saudi Arabia is witnessing rapid growth and development. Read more: https://lnkd.in/gV-tAMrS

In a bold move to reinvigorate 12 cities across Saudi Arabia, the Saudi Downtown Company is rapidly transforming their downtown areas. Focused on economic diversification, this initiative aims to create modern, culturally rich mixed-use spaces, fostering a vibrant environment for residents and businesses alike. The vision is clear: turn these cities into dynamic hubs for living, working, and play. The Saudi Downtown Company is dedicated to unlocking local potential, providing opportunities for businesses, entrepreneurs, and citizens alike. This strategic approach aligns with broader economic diversification goals, ushering in a new era of prosperity and growth. More than just urban development, this initiative is a catalyst for economic transformation. By fostering exciting urban spaces, the Saudi Downtown Company is reshaping the economic landscape, driving growth, and creating an entrepreneurial-friendly environment. #SaudiDowntown #UrbanRevitalization #EconomicTransformation 

A more diversified residential market in Riyadh is on the horizon, offering smaller units ranging from 50 to 60 sqm. This shift isn't about affordability but about creating investment-led products to attract future business and leisure visitors. Embracing this diversity opens up new opportunities in the market. #RiyadhRealEstate #MarketDiversity #InvestmentOpportunities

#Riyadh is building the world’s largest urban park, planting 7.5 million trees, and building a new metro system—all part of a broader plan to make the city more resilient. And Riyadh is not alone. #Urban_Resilience is a critical priority for city governments around the world, which is why we published, together with the World Governments Summit, our second analysis of 50 global cities, from Abu Dhabi to Zurich. 🌍 The report looks at over 100 metrics to give city leaders an objective, evidence-based view of where they stand. Find out how Riyadh achieved the biggest score increase in 2 years and see how other #MENA cities performed ➡️ https://lnkd.in/ep9T9A2g 

Exploring Synergy in Housing and Urban Development #SaudiArabia and #Bahrain explore collaboration opportunities in housing and urban planning at the Bahrain Smart Cities Summit 2024. High-level talks focus on establishing a joint technical committee and exchanging expertise to enhance housing communities and smart city initiatives. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SmartCities #UrbanPlanning #SustainableDevelopment #ArtificialIntelligence #InternetOfThings #PublicSafety #EconomicDiversification #PIF #Mumtalakat #BahrainVision2030