Cityscape Global, a major real estate event, is set to unveil new features and halls this year. The event, which started in 2002, moved to Saudi Arabia last year to align with the country’s Vision 2030 and support its rapid development.
This November, Cityscape Global will focus on “The Future of Living,” aiming to connect international and regional B2B audiences with homebuyers. Rachel Sturgess, group director of Tahaluf, the event’s organizer, discussed the event’s new highlights and Saudi Arabia’s booming property market.
How does Cityscape Global 2024 support Saudi Arabia’s Vision 2030, especially in real estate and urban development?
Saudi Arabia’s Vision 2030 is transforming its economy, with significant investments in mega-projects like NEOM and The Red Sea Project. Cityscape Global showcases these developments, supporting the vision of creating sustainable, smart cities and attracting international investment. The Kingdom aims for 70% homeownership by 2030, and the event provides insights into upcoming projects.
Can you share examples of eco-friendly projects or exhibitors?
Sustainability is a key focus at Cityscape Global. The event promotes sustainable practices and solutions, with many exhibitors highlighting energy-efficient, net-zero buildings. Smart technologies are increasingly integrated into real estate, exemplified by projects like NEOM, which prioritize energy efficiency and environmental sustainability.
How did Cityscape Global achieve $30 billion in deals last year, and what are the plans for 2024?
In 2023, Cityscape Global facilitated $30 billion in deals across various projects. The event’s location in Saudi Arabia offers a dynamic platform for industry leaders and investors. The Kingdom’s infrastructure investments and mega-projects attract top-tier developers, creating opportunities for high-impact ventures.
What new features and innovations can we expect at Cityscape Global 2024?
This year, Cityscape Global will introduce a Stadiums & Mega Events conference, focusing on stadium development for the World Cup 2034. A new Student Competition will empower future industry leaders, and the Future Build section will showcase construction technology to the youth. Additionally, exciting giveaways, including homes, will be part of the event.
How are AI, IoT, and other technologies shaping the future of real estate in Saudi Arabia?
Emerging technologies like AI and IoT are revolutionizing real estate. AI creates detailed building designs, while robotics and AI enhance construction efficiency. Smart buildings, powered by IoT and AI, improve efficiency, security, and maintenance. At Cityscape Global, leading experts will discuss how these technologies are driving the evolution of smarter, more sustainable cities.