Cityscape Global nets $61bn realty deals

Global confirmed its position as the largest real estate exhibition in the world, bringing down the curtain on its second edition at the Riyadh Exhibition and Convention Center last month by revealing a staggering SR230 billion ($61.3 billion) in real estate transactions across the four-day show. This total, organisers say, underlines how “Saudi Arabia is now a global hub for real estate”.

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Rachel Sturgess, Senior Vice-President of Tahaluf, organisers of Cityscape Global, said the growth of the 2024 show was clear. As well as the mammoth transaction total being more than double that of last year’s show, the exhibition’s floorspace also grew 61 per cent year-on-year, spanning 121,000 gross sq m. The 426 exhibiting companies signalled a 37 per cent increase on 2023, with international exhibitors also growing by 47 per cent.

Cityscape Global 2024 attracted over 172,000 attendees.