#Saudi Arabia #Riyadh #Real Estate #Yardi #Qiddiya Investment

Qiddiya Investment Company Partners with Yardi

Qiddiya Investment Company (QIC), a wholly owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), is taking a significant step towards digital transformation by selecting Yardi's cloud-based asset and property management solutions. The collaboration aims to bolster Qiddiya's operational efficiencies as it shapes Qiddiya City—a massive 360-square-kilometer project envisioned as a world-class hub for entertainment, sports, and culture.

Transforming the Future of Entertainment

Said Haider, Senior Director at Yardi, emphasizes the importance of this partnership: “Qiddiya is redefining the future of entertainment and cultural development in the region. We are honored to support their vision with technology that drives operational performance and client satisfaction.” This reflects Yardi’s commitment to enhancing the real estate sector via innovative technology that meets contemporary demands.

The Vision for Qiddiya City

Located just outside Riyadh, Qiddiya is set to be a vital part of Saudi Arabia's Vision 2030 initiative, aiming to transform the nation’s economy and diversify its revenue sources through tourism and entertainment. The city is expected to attract millions of visitors each year, positioning itself as a significant landmark in the region. As part of this ambitious project, QIC will leverage Yardi's comprehensive platform to streamline property and asset management, ensuring that operational excellence remains at the forefront of its development strategy.

Enhancing Operations with Cloud Technology

The transition to Yardi’s cloud technology represents a critical movement towards modernization for QIC. This cloud-based approach allows for improved data management and analysis, making it easier to manage various aspects of real estate operations. With Yardi’s tools, QIC will be better equipped to handle leasing, tenant relations, and property maintenance, ultimately aiming to enhance the client experience and operational transparency.

About Qiddiya Investment Company

Qiddiya Investment Company is pivotal in realizing the vision of Qiddiya City. As a key player in developing a prime entertainment and cultural destination, QIC is poised to play a fundamental role in elevating the quality of life for residents and visitors alike. More information about their mission can be found at Qiddiya.com.

About Yardi

Yardi is a global leader in investment and property management software solutions designed for various types and sizes of real estate companies. With a workforce exceeding 10,000 employees, Yardi collaborates with clients across the globe, fostering significant innovations within the real estate industry. For further insights into Yardi’s offerings, visit Yardi.ae.

In conclusion, the collaboration between Qiddiya Investment Company and Yardi demonstrates a shared commitment to advancing the real estate sector in Saudi Arabia through digital transformation, promising a prosperous future for Qiddiya City.