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- ROSHN’s partnership reflects its values-led commitment to leadership within the sector, sharing experience and expertise as it seeks to play a role in raising sector standards within the Kingdom and contributing to Saudi Vision 2030’s goals.
RIYADH: ROSHN Group, Saudi Arabia’s leading real estate developer and PIF-owned giga-project, is a strategic partner of the 2024 Real Estate Future Forum (RFF), playing a key role in convening high-level participants to discuss ways to expand, raise standards, and establish best practices in the real estate industry as a driver of sustainable national economic growth. RFF 2024 took place 22-24 January at the Four Seasons Hotel in Riyadh, Saudi Arabia. The 2024 RFF is the third edition of the forum, building on successful meetings in 2022 and 2023, this year held under the theme “Resilience and Future Cities.” ROSHN is ideally placed to contribute to this theme as it builds coast-to-coast across the Kingdom, transforming its urban environments for generations to come while strengthening its supply chains through investment, partnerships, and localization.
Alongside its strategic partnership, ROSHN directly contributed to these discussions. ROSHN Group Chief Development Officer Oussama Kabbani discussed the ways in which the real estate sector needs to adapt to new market trends and innovate to build for the future.
“The RFF has rapidly established itself as a vital platform for real estate leaders to elevate the industry by sharing knowledge, experience, and ideas through open discussions on key topics,” said Oussama Kabbani, ROSHN Group Chief Development Officer. “At ROSHN, we’re committed to supporting events like RFF as part of our efforts to raise the bar for real estate in the region and support Saudi Arabia’s Vision 2030 transformation through hosting key international events. In-line with our values of responsibility, integrity, and empowerment, we look forward to contributing our insights and learning from our peers as we position ROSHN, Saudi Arabia, and the real estate industry as champions of sustainable development that boost quality of life.”
At the Forum, ROSHN also signed an MOU with Eastern Health Cluster and with Jeddah Second Health Cluster to partner together to build healthcare facilities across ROSHN projects. Noman Aldaajani, Executive Director of Land and Stakeholders Management at ROSHN signed the agreements with Dr Abdulaziz AlGhamdi, CEO of Eastern Health Cluster and Dr Shadi Alkhayat, CEO of Jeddah Second Health Cluster.
Under its theme of “Resilience and Future Cities,” discussions at the 2024 RFF covered 12 topics, many of them in close alignment with ROSHN’s priorities. These included leadership of real estate’s transformation, AI and VR in real estate, scenarios of urban futures, urban resilience, and securing a greener urban future. The 2024 RFF also examined how the real estate industry contributes to economic growth, job creation, and sustainable national development, a further alignment with ROSHN’s Vision 2030 commitments.
About ROSHN Group
ROSHN Group is Saudi Arabia’s most trusted real estate developer and a giga-project wholly owned by the Kingdom’s Public Investment Fund (PIF). ROSHN’s multi-asset portfolio of integrated developments offer a new way of living for Saudi Arabia, featuring connected amenities in walking distance with green spaces, sports hubs, and cycle lanes. Driven by technology, innovation, and sustainability, ROSHN Group is building at an unprecedented scale across Saudi Arabia with a current land bank of over 200 million sqm. By 2030, ROSHN will develop over 400,000 homes, as well as 1,000 kindergartens and schools, and over 700 mosques.
ROSHN launched SEDRA, its flagship 35 million sqm community in Riyadh, in 2021, delivering homes in its first Phase ahead of schedule and becoming the Kingdom’s first giga-project to deliver to customers. The Group has since launched the 4 million sqm ALAROUS community in Jeddah and has announced further integrated developments: WAREFA in Riyadh (1.4 million sqm); ALFULWA in Al Ahsa (10.8 million sqm); and, most recently the Kingdom’s first canal project MARAFY, a mixed-use development in northern Jeddah bringing the Red Sea into the city. With over 300 square kilometers of waterfront promenade, covering a total area of more than 2 million square meters, MARAFY will feature more than 52,000 residential units with a population capacity of over 130,000 people.
As a national champion across a range of sectors, ROSHN takes a people-centric approach to building sustainably with an ethos of promoting ‘living beyond walls’ and enhancing quality of life across the Kingdom. As a member of the United Nations Global Compact, ROSHN pursues corporate excellence and partners with the best-in-class to set new standards in mainstream development, earning it the title of the best developer in the GCC by Construction Week Middle East’s Top 50 GCC Developers 2023 list.
For more information on ROSHN’s new way of living visit roshn.sa