KAFD | كافد
Real EstateRiyadh, Saudi Arabia1001-5000 Employees
KAFD, based in Riyadh, Saudi Arabia, is a real estate development and management entity founded in 2008 and later acquired by the Public Investment Fund in 2018. Since the PIF takeover, the organization has rebalanced its use mix to position KAFD as a leading business and lifestyle destination in the region, with plans to connect to Riyadh’s core transport infrastructure and provide smart-city amenities and networking opportunities for business leaders. It functions as a unique destination that welcomes international businesses, offering modern office spaces, distinctive venue spaces, and integrated smart-city infrastructure to support corporate activity and events. The district includes residential towers, leisure experiences, and lively public spaces, along with about 110,000 square metres of entertainment space intended to foster arts and culture within the city. Recent developments include partnerships with Hilton and Samsung in 2025, recognition as a LEED Platinum-certified mixed-use business centre, and a Guinness World Record for the world's largest continuous pedestrian skyway network.