Roshn Group announces Riyadh development partnership and international investment expansion

Roshn Group, a Saudi developer owned by the Public Investment Fund, has entered an agreement with Talaat Moustafa Group Saudi (TMG) to form a joint venture. The partnership aims to develop a large-scale, residential-led mixed-use community in Riyadh. Preliminary studies suggest the project could include more than 55,000 residential units, supported by commercial, retail, healthcare, education, and hospitality facilities.

Separately, Roshn Group is expanding opportunities for qualified international investors to acquire property across Saudi Arabia. Following regulatory updates, non-Saudi buyers can purchase residential units in existing communities located in Riyadh, Jeddah, and Mecca through the company’s digital platform. This initiative is intended to diversify the Kingdom’s real estate sector and attract international demand alongside local housing delivery.