Roshn Group Celebrates Six Years of Urban Development

Saudi Arabia’s Roshn Group marks its sixth anniversary this month, having been founded in August 2020. The Public Investment Fund (PIF)-backed master developer has since expanded from building residential communities into projects spanning 10 asset classes, as Saudi Arabia’s real estate sector continues to build at scale. Roshn Group says its communities are planned so that infrastructure, homes, schools, retail, green space and community operations are delivered as a single system rather than as separate projects.

Roshn has also expanded its role as a partner to other developers. More than 1.6 million square metres within its masterplans have been handed over to other Saudi developers, with both local and international partners increasingly building alongside the company. Project pipeline Sedra, Roshn’s flagship community in north Riyadh, is now home to more than 3,000 families, with the handover of the second phase under way. The developer is also building a King’s College Riyadh campus within Sedra and has added higher-end unit types to the masterplan, including Curated Collection villas and Sedra Residence apartments.

At Warefa in east Riyadh, major infrastructure works and the main electrical substation are complete; road networks are nearly finished; foundations have been completed for hundreds of villas; and vertical construction is under way. Roshn has also partnered with Tatweer Buildings Company to build a public school at Warefa for more than 500 students. In the west of the kingdom, the first phase of excavation for the Marafy canal has surpassed 90%, and the structure of its first major bridge is complete. Roshn has also announced investment opportunities for developers along the canal, alongside its connected Alarous residential community.

In Mecca, infrastructure works at the Almanar community are more than 91% complete, with foundation works nearing completion across its first two zones. Oussama Kabbani, group chief development officer at Roshn Group, said: “Roshn Group’s evolution over the past six years reflects our mandate to set new benchmarks for integrated, human-centric living in the kingdom. “In collaboration with valued partners, we continue to broaden the role of the master developer across complementary asset classes, while advancing sustainability and innovation and creating environments that better connect people and places.

For a developer: Roshn Group's approach to integrated community development and its partnerships with local and international developers highlight the potential for collaborative growth in Saudi Arabia's real estate sector. The group's focus on sustainability and innovation aligns with Vision 2030, offering opportunities for developers and investors to engage in projects that enhance quality of life and economic opportunities.