ROSHN to dominate 20% of medium-sized properties market: Exec

Oussama Kabbani, Group Chief Development Office, ROSHN Group

ROSHN Group, a Public Investment Fund (PIF) giga-project, expects to dominate 20% of the medium-sized properties market over the coming years, CNBC Arabia reported, citing Oussama Kabbani, Group Chief Development Officer (GCDO).

ROSHN sold nearly 6,000 housing units last year, and has more contracted sales, which will accelerate the building process.

ROSHN is targeting the medium-sized properties only, as the market also comprises the luxury as well as the below medium-sized housing units, Kabbani indicated.