Hassan Allam and Tilal Real Estate to Devlop Mixed-use Project in Riyadh

Hassan Allam Holding and Tilal Real Estate alliance has announced the signing of a strategic partnership with the National Housing Company (NHC) during Cityscape Saudi Arabia 2025 to develop their first mixed-use project in Riyadh’s Khozam District.

The agreement was signed in the presence of His Excellency, Majed bin Abdullah Al-Hogail, Minister of Municipal Rural Affairs and Housing, Eng. Hassan Allam, CEO of Hassan Allam Holding, Amr Allam, CO-CEO of Hassan Allam Holding, Mohamed Allam, CEO of Hassan Allam Properties, Sherif Sadek, CEO of Grova Developments, Mohammad Albuty, CEO of NHC, Mr. Abdulrahman Al-Bassam, CEO of Tilal Real Estate, and Abdullah AlOthman, Chairman, Tilal Real Estate

The project will be delivered through Hassan Allam Holding’s development arm, Grova Developments, which will draw on the Group’s long-standing experience delivering some of the region’s most transformative infrastructure projects. Grova was established to channel the Group’s capabilities into shaping exceptional real estate, hospitality, and cultural destinations that set new benchmarks for design, experience, and long-term value.

In turn, Tilal Real Estate, one of the Kingdom’s largest real estate alliances, will serve as the primary local partner to Hassan Allam Holding in the development and execution of this pioneering project.

As part of the Hassan Allam Group’s real estate expertise, Hassan Allam Properties (HAP) brings proven capabilities, shaped by a community-centric vision and a commitment to individuality. Over the years, HAP has carved an enviable niche as an exclusive boutique developer with a diverse portfolio of premium residential communities, mixed-use destinations, and refined vacation homes designed for families seeking distinctive experiences and private seaside retreats across Egypt’s most sought-after locations.