The Global Proptech Summit 2025 has officially commenced in Riyadh, organized by Saudi Arabia’s General Real Estate Authority under the theme “Innovation for a Sustainable Future.” The event, held in strategic partnership with the NHC Innovation Center, brings together over 100 speakers from 85 countries, including real estate pioneers, investors, and international experts, to chart the future of property technology and its role in building a more efficient and sustainable sector in line with Vision 2030.
Fostering A Digital Real Estate Ecosystem
In his opening address, Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing, emphasized how innovation in financial and real estate technologies is critical for enhancing investment efficiency and financing large-scale projects. He noted that the Kingdom is focused on building an integrated digital environment that links finance, development, and modern PropTech. The minister also announced a significant development, revealing that companies accepted into the PropTech regulatory sandbox are now enabled for fractional ownership of income-generating properties. This initiative, activated in collaboration with the Real Estate Registry, alongside the push for tokenizing real estate assets, marks a major step forward for the sector’s evolution.
A SAR 300 Billion Market Ripe for Disruption
Mohammed El-Kuwaiz, Chairman of the Capital Market Authority (CMA), provided a compelling overview of the market’s scale, stating that real estate funds in Saudi Arabia now amount to nearly SAR 300 billion, making it the largest investment category within the managed assets sector. He highlighted the debt market’s crucial role, with over SAR 35 billion in debt instruments issued for real estate, while the listed real estate sector’s value has reached approximately SAR 182 billion. El-Kuwaiz also noted that the Kingdom’s venture capital sector, with over SAR 5 billion in assets under management, is the largest in the Middle East, and he called for increased VC investment into PropTech to boost the industry’s efficiency and economic contribution.
2025 Hailed As A Transformational Year For Proptech
Abdullah Al-Hammad, CEO of the General Real Estate Authority, declared 2025 a pivotal turning point for PropTech in the Kingdom. He explained that the Authority is actively fostering innovation through its regulatory sandbox, which provides a flexible and secure environment for startups and entrepreneurs to test their tech-driven solutions. Al-Hammad affirmed the Authority’s commitment to strengthening public-private partnerships to advance the adoption of AI, 3D printing, automation, and data analytics in property management and valuation, aiming to create a more transparent and efficient digital real estate market.
Summit Agenda and Technology Showcase
The summit’s agenda covers a range of critical topics, including the digital transformation of asset management, the synergy between FinTech and PropTech, AI in market analysis, and the role of innovation in achieving urban sustainability and smart cities. Running concurrently is an international PropTech exhibition where local and global companies are showcasing the latest solutions in smart construction, 3D printing, and data-driven real estate analytics.
About The Global Proptech Summit
The Global Proptech Summit is an international event held in Riyadh, Saudi Arabia, organized by the General Real Estate Authority. It serves as a premier platform for global real estate leaders, investors, and technology innovators to convene and discuss the future of the property technology sector. The summit focuses on driving innovation, promoting sustainability, and positioning Saudi Arabia as a leading global hub for real estate technology in alignment with its Vision 2030 goals.
Source: Jawlah
