KAFD achieves smartscore platinum certification as WiredScore launches in Saudi Arabia

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Research conducted by WiredScore found that Saudis’ most desired features of a “smart building” were high-quality and resilient internet connection (64%), robust cybersecurity (48%), and productivity and comfort optimization (46%).

Riyadh, Saudi Arabia: – The headquarters of the King Abdullah Financial District Development & Management Company (KAFD DMC) is the first building in Saudi Arabia to achieve SmartScore certification, receiving the highest level of Platinum. SmartScore certification, from the certification body WiredScore, identifies best-in-class smart buildings that deliver an exceptional user experience, drive cost efficiency, meet high sustainability standards and are fully future-ready. KAFD DMC headquarters is WiredScore’s first certified building in the country as it enters the growing Saudi market, a move that underscores the company’s commitment to creating a world-class intelligent and liveable district.

A landmark project that symbolizes the Kingdom’s economic transformation, KAFD is home to 1.6 million square meters of state-of-the-art office space, exclusive retail and lifestyle venues and bespoke luxury residences, all set in the heart of Riyadh. Owned and managed by KAFD DMC, KAFD is a cornerstone initiative of Vision 2030.

“We are honored to partner with WiredScore as it launches its first Saudi offering at KAFD,” said Gautam Sashittal, Chief Executive Officer of KAFD DMC. “As urban centers around the world continue to grow exponentially, smart cities are no longer an option but an imperative. We, at KAFD, are delighted to have completed this rigorous certification process, helping to realize Vision 2030 by setting the standard for smart buildings in the Kingdom.”

John Hilliard, Middle East Lead at WiredScore, commented: “Throughout our engagement, KAFD DMC has demonstrated a crystal-clear commitment to the integration of bleeding-edge technology into the heart of its commercial real estate offering. We are incredibly pleased to be working with the KAFD DMC team as we expand our offering into the Kingdom, and we will work hand-in-glove with them to ensure our certifications support their growth journey towards a smarter future.”

WiredScore has certified over 800 million square feet of prime real estate, impacting more than eight million people across 36 countries. In addition to certifying individual buildings and districts, the company has partnered with authorities in London, New York, Paris, Berlin and other global cities to set standards for digital connectivity in global commercial centers. Recent research shows that technologically enabled buildings achieve up to 15% higher rental values in commercial real estate, alongside energy savings of up to 25 percent.[1] [2]

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About KAFD

Situated in Riyadh, KAFD is an iconic business and lifestyle destination with state-of-the-art physical and digital infrastructure. The destination is owned and managed by King Abdullah Financial District Development and Management Company (KAFD DMC), which was established in 2018 and is a wholly owned subsidiary of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. KAFD’s 94 towers, designed by 25 world-leading architectural firms, have reshaped the skyline of Riyadh. The vibrant mixed-use district offers a range of experiences across its area of 1.6 million square meters and is the largest development globally to achieve LEED Platinum certification, the highest accreditation from USGBC (U.S. Green Building Council), which recognizes KAFD as a global leader in sustainability.

About WiredScore

WiredScore is the organization behind the WiredScore and SmartScore certifications: the internationally recognized digital connectivity and smart building rating systems for real estate, helping landlords design and promote buildings with powerful digital connectivity and smart capabilities. WiredScore was founded in New York in 2013 by leaders in real estate, technology and telecommunications, with an endorsement from Mayor Bloomberg, to improve the city’s technology infrastructure, and support its entrepreneurs who are driving technological advances and creating jobs. Since then, more than 800 million square feet of commercial and residential space has been committed to WiredScore certification, impacting more than eight million people across 36 countries. For more information on WiredScore, SmartScore or to find WiredScore and SmartScore certified buildings, visit: www.wiredscore.com.

KAFD Media Contact