Select Property Becomes First UK Developer with Riyadh Office

Riyadh, KSA – October 13, 2025: Select Property, a leading UK-based real estate developer and investment company, has officially expanded into Saudi Arabia, becoming the first UK developer to establish a permanent presence in the Kingdom.

This marks a key milestone in the company’s 20-year journey in the Middle East, during which Saudi investors have consistently made up a significant portion of its GCC client base. The new Riyadh office reflects Select Property’s commitment to being closer to its investors and meeting the growing demand for direct access to premium UK property opportunities, in alignment with Vision 2030’s goals of economic diversification and global integration.

Saudi Arabia’s Booming Real Estate Landscape

Select Property’s expansion comes at a pivotal time for Saudi Arabia’s real estate sector. In the first half of 2024, the Kingdom’s construction output reached $148 billion, representing a 4.6% year-on-year increase. Forecasts indicate that total investment in the sector will rise to $191 billion by 2029, driven by Vision 2030’s ambitious agenda to deliver new homes, hotels, retail destinations, and commercial developments.

This surge has positioned Saudi Arabia as one of the world’s most active real estate markets, attracting both domestic and global investment interest. At the same time, diversification remains a key focus for many Saudi investors seeking to spread risk and balance portfolios through international property ownership, particularly those acquiring assets in the UK’s stable, high-growth cities to support family and education goals abroad.

Read more: Saudi Arabia Permits Foreigners to Buy Property with Digital ID

Bringing the UK Market Closer to Saudi Investors

Select Property’s presence in Riyadh aims to provide Saudi investors with direct access to exclusive UK investment opportunities, enabling them to balance local ambition with international portfolio security.

“Our presence in Riyadh is more than just a geographic expansion; it is a natural progression of our two decades of success in the Middle East and a direct response to the trust Saudi investors have placed in us,” said Adam Price, CEO of Select Property.

“Saudi Arabia is at the centre of global investment conversations, and our presence here ensures we can provide investors with unrivalled access to high-growth opportunities in the UK’s most dynamic cities. What makes us unique is our fully integrated ‘develop, sell, manage’ proposition, which allows us to deliver a seamless, hassle-free investment journey. This approach ensures Saudi investors not only gain access to premium UK properties but also benefit from end-to-end expertise and long-term partnership.”

Price added that Select Property is building a dedicated Saudi national team in Riyadh, including senior leadership already in place, to ensure operations align with local market ambitions and investor needs.

Strategic Leadership and Local Insight

After a decade leading Select Property’s global operations, Richard Lonsdale has been appointed Regional Director for Saudi Arabia. He will spearhead the company’s on-ground presence, bringing together international expertise and regional insight.

“Leading our expansion into Saudi Arabia is an exciting opportunity to bring both international expertise and regional experience to a market that is transforming at pace,” said Lonsdale.

“Having worked extensively across the GCC, I have seen how strategic investment in real estate can deliver long-term value, and I believe Saudi investors are uniquely positioned to benefit from the growth of UK regional cities. Our Riyadh expansion allows us to be on the ground, listening closely to clients and tailoring opportunities that align with their personal goals and Vision 2030 objectives.”

Connecting Regional Growth with Global Opportunity

Over the past 20 years, Saudi investors have been integral to Select Property’s success, helping establish a loyal GCC client network. The company’s landmark UK developments, including Edition Birmingham and One Port Street in Manchester, have demonstrated how regional UK cities provide robust returns and more accessible entry points compared to London.

From Manchester to Birmingham, these markets continue to offer long-term stability and strong growth potential, aligning with the aspirations of Saudi investors under Vision 2030.

As Select Property strengthens its presence in the Kingdom, it reaffirms its role as a bridge between Saudi capital and global real estate opportunities, fostering lasting partnerships and redefining the investment journey for the region’s most discerning buyers.