Riyadh-based Reportage KSA sells over $93M in 2024 after successful local growth
Riyadh-based real estate developer Reportage KSA said on Monday that it sold more than $93.3 million (SAR 350 million) worth of property in 2024, thanks to its successful growth plan in the country.
New Projects
In 2025, the company plans to start more than seven new projects in Riyadh as part of its growth plan. It also wants to expand in Jeddah to meet the increasing demand for modern homes, according to a company statement.
The CEO of Reportage KSA, Islam Hammam, said the company aims to develop more projects across Saudi Arabia.
Recently, the Riyadh-based company opened a new office in Jeddah at the Hilton Hotel. This will help it grow its operations and serve customers better in the Western Region.
As part of its goal to build sustainable homes, Reportage KSA is working to complete the “Najd Residential” project as planned. This project currently includes Najd 1 and 2, with Najd 3, 4, and 5 coming soon.
Interesting Fact
Saudi Arabia needs to build 115,000 homes every year for the next six years to keep up with growing demand, mainly due to its young population, according to real estate consultancy Knight Frank.
Published: 25th March 2025
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