Tilal Real Estate Development concluded its successful participation in the Cityscape Global Exhibition in Riyadh by signing a series of strategic agreements aimed at enhancing the quality of life in its projects. These agreements focus on developing the “Heart of Khobar” (HOK) project according to the highest international standards and providing integrated, sustainable residential experiences within “Tilal Homes,” in line with Saudi Vision 2030.
Abdulrahman Al-Bassam, CEO of Tilal Real Estate, stated that these partnerships reflect Tilal’s commitment to advancing the real estate sector in the Kingdom through contemporary designs that enhance quality of life and elevate living standards. He added, “We aim to strengthen our partnerships with leading companies to deliver comprehensive solutions that meet our customers’ needs and achieve sustainability.”
Among the key agreements signed was a collaboration with Ennismore Group to develop the first “25Hours” Hotel in Khobar, which will include a 2,000-square-meter co-working space. Additionally, a contract was signed with Al-Tamimi Markets to open the first “Natural Market” branch in the “Heart of Khobar.” Financing agreements were also made with prominent Saudi banks, including the Al-Rajhi Bank and Riyad Bank, , to offer flexible financing solutions that support the expansion of Tilal’s projects.