RIYADH, 10 October 2022 - ROSHN, the Kingdom's leading real estate developer bringing new, sustainable modes of living to the Kingdom, has been awarded 'Biggest Housing Project in the Western Region' during the 2022 Restatex exhibition. The award, presented to ROSHN's Group David Grover at a ceremony in Jeddah on the 10th of October, is a recognition of ROSHN's accomplishment in ALAROUS project in northern Jeddah – a 4M sqm development of 18,000 residential units enriched by ROSHN's trademark blend of health, educational and entertainment amenities. ROSHN was also the diamond sponsor of this year's exhibition, held under the patronage of His Excellency, the Minister of Municipality, Rural Affairs & Housing Mr. Majed Ben Abdullah Al Hogail.

"We are delighted to receive this award. We are bringing our vision of a new way of living to the entire nation, and our first project outside Riyadh is an important milestone on this journey. We'll continue to support Vision 2030's ambitious housing goals, developing communities that provide quality homes and lifestyles to customers in nine cities in four regions over the coming years," said Grover.

ALAROUS is the second ROSHN development to be launched, following the successful opening of SEDRA in Riyadh. Both projects bring innovations to the Saudi market, offering community-based living in environments that prioritize people, rather than cars. As well as enjoying a wide array of amenities within walking distance, ROSHN customers have access to attractive public spaces, including green areas and communal facilities such as local majlis, as well as ‘living’ streets characterised by curb-less roads and homes without perimeter walls.

The Restatex Real Estate Exhibition aims to highlight the real estate sector's vital role in economic diversification – a key goal of Kingdom’s Vision 2030. In sponsoring the nation’s largest annual real estate event, ROSHN is helping to catalyze the real estate ecosystem, sparking business and investment opportunities within the real estate sector including developers, marketers, financiers, investors, and buyers