latest news in real estate
Saudi Real Estate Exhibition Shatters Records with $61 Billion in Deals
Riyadh, Monday, 18 November 2024.
Cityscape Global 2024 in Riyadh doubled its previous year’s performance, marking a pivotal moment in global real estate. The event showcased unprecedented growth with 426 exhibitors across 121,000 square meters, equivalent to 97 Olympic pools. A single North Riyadh land parcel set a Guinness World Record at $979 million, highlighting Saudi Arabia’s booming property market.
RioCan Real Estate Trust Reports Record Occupancy Amid Q3 Earnings
Toronto, Tuesday, 12 November 2024.
RioCan Real Estate Investment Trust announced strong Q3 2024 results, showcasing resilience in the Canadian real estate market. The trust reported increased revenue and net income, with sales rising to CAD 279.56 million, up from CAD 269 million year-over-year, signaling robust sector growth.
Riyadh Hosts $47.9 Billion Real Estate Showcase at Cityscape Global 2024
Riyadh, Monday, 11 November 2024.
Cityscape Global 2024 opens in Riyadh, unveiling $47.9 billion worth of real estate projects. The event, running until November 14, features over 100 local and 96 international developers, reflecting Saudi Arabia’s booming property sector and its vision for future urban development.