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Banks vying to fund Roshn’s Saudi expansion

By Megha Merani
Roshn was established to deliver 400,000 homes under the Vision 2030 goal of reaching 70 percent homeownership; ownership was at 64 percent in 2023 Prostock-studio/Shutterstock
Roshn was established to deliver 400,000 homes under the Vision 2030 goal of reaching 70 percent homeownership: ownership was at 64 percent in 2023

Interest in PIF-backed Roshn

Turning away lenders

Plan is backed by consortium

Saudi real estate developer Roshn, a subsidiary of the Public Investment Fund (PIF), is reporting strong interest from banks eager to finance its projects, ...

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