
Source: Graana.com
The 19th Real Estate Development Summit Saudi Arabia Luxury Edition ended after two days of intensive dialogue, collaboration and international networking. More than 800 global leaders, investors and decision-makers attended the event, which focused on shaping the future of the Kingdom’s rapidly evolving built environment.
Held under the theme “Together Towards Tomorrow”, the summit highlighted the scale of Saudi Arabia’s transformation in real estate and construction. The country’s development pipeline has now crossed 2 trillion dollars, setting new benchmarks in hospitality, infrastructure, and innovation.
This year’s summit introduced its first dedicated investment track, attracting more than 200 prominent investment leaders. In partnership with sustainability firm VCM, the organisers also launched a net-zero initiative aimed at measuring, reducing and offsetting carbon emissions, reflecting the Kingdom’s growing commitment to sustainable development.
Discussions covered a wide range of topics, including mixed-use high-rises, luxury projects, localised manufacturing, and technology-driven design. Experts also explored biotech-enabled building methods, ESG-led construction and human-centred architecture. Speakers stressed that the future of Saudi real estate depends on balancing strong financial outcomes with sustainability, cultural authenticity and responsible urban planning.
The event also included significant project announcements. One of the key highlights was a major mixed-use development in Jeddah that will feature a Hilton Tempo Hotel along with residential and retail components, demonstrating continued investor confidence in Saudi Arabia’s real estate outlook.
As the summit concluded, participants noted that Saudi Arabia is redefining its real estate landscape. With Vision 2030 guiding national priorities, the Kingdom is moving toward developments that are ambitious in scale yet rooted in sustainability, community benefit and long-term value.
Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…
Islamabad: The Federal Board of Revenue (FBR) is preparing to seek approval from the International…
Riyadh: As Saudi Arabia’s Vision 2030 enters its third phase for the period 2026–2030, the…
Islamabad: The Capital Development Authority (CDA) has earmarked PKR 200 million to settle outstanding land…
Lahore: Punjab Governor Sardar Saleem Haider Khan has promulgated two key ordinances aimed at modernising…
Islamabad: Pakistan’s tax authorities are intensifying efforts to detect undeclared wealth by monitoring social media…