18 November 2024 | Riyadh, Saudi Arabia
Global proptech company, Valocity, has been named the Winner of the Future of Living Challenge at the Cityscape event in Saudi Arabia, the largest Real Estate conference in the world. Shortlisted from hundreds of applicants globally, Valocity progressed through a competitive selection process by a panel of highly esteemed judges —from 60 semifinalists to the top six finalists, ultimately securing the top prize.
The win in Saudi Arabia, a hub of visionary real estate projects, reflects Valocity’s transformative impact on the global property sector. With over 255 active projects valued at $1.7 trillion, Saudi Arabia is pioneering real estate innovation, making Valocity’s achievement especially significant in this rapidly advancing region.
This major accolade recognises Valocity’s BuildIQ module, a unique solution that connects all property stakeholders in the under-construction project approval process, accelerating project timelines through seamless data integration, digital workflows and enhanced transparency.
Founder and CEO, Carmen Vicelich, remarked, “Being named the winner of the Cityscape Innovation Challenge is a testament to the incredible dedication of our team and the power of innovation to transform industries. We look forward to collaborating with leaders in the region to support Saudi Arabia’s ambitious vision for the future of real estate by enabling banks to say yes faster.”
Adding to its milestones, Valocity is also a finalist for Best International Fintech at next month’s India Fintech Awards (IFTA). This recognition coincides with Valocity’s celebration of a decade of innovation, also showcased by the New Zealand Prime Minister, Christoper Luxon, underscoring the company’s sustained commitment to advancing property technology and empowering smarter, data-driven lending decisions.
About Cityscape
Cityscape is the largest and most influential real estate events in the world, attracting industry leaders, developers, investors, and innovators globally. Held in various locations, including Saudi Arabia, Cityscape serves as a premier platform for showcasing solutions that shape the future of real estate. With its focus on sustainability, digital transformation, and urban development, Cityscape provides an essential gathering point for key decision-makers and thought leaders in the property sector. Cityscape Global 2024 has concluded with over USD $61 billion in real estate transactions.
About Valocity
Valocity is a global leader in property data and analytics, offering digital solutions that streamline decision-making for the real estate, banking, and property valuation sectors. By harnessing advanced data insights, Valocity empowers leading lenders worldwide to make faster, more informed lending decisions, driving industry transformation on a global scale.
For media enquiries, please contact:
Sara Pesic – Head of Marketing, Valocity
Sara.pesic@valocityglobal.com
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