New Murabba
Carl Schibrowski is an experienced real estate executive currently serving as Chief Development Officer at New Murabba since April 2024. Prior to this role, Carl held key leadership positions at Brookfield Properties, including Executive Vice President and Co-Head of Property, where responsibilities encompassed leading a significant transition in business strategy and overseeing a team of 170 staff. Carl's prior roles include Development Director at Charter Hall, Senior Manager and Senior Development Manager at Macquarie Capital Funds, and various development management roles at Lend Lease in both Australia and the United States. In addition to industry roles, Carl has contributed to the Property Council of Australia as President of the NSW Division Council and has academic experience as a part-time lecturer at the University of Melbourne. Educational qualifications include an MBA from Melbourne Business School, a Master's in Real Estate Finance from The University of British Columbia, and a Bachelor of Architecture from the University of Melbourne.
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New Murabba
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New Murabba Development Company (NMDC) is a wholly owned subsidiary of the Public Investment Fund (PIF), and its Board of Directors is Chaired by His Royal Highness Crown Prince Mohammed bin Salman. NMDC aims to develop the world’s largest modern downtown in Riyadh, New Murabba, contributing to the city’s future development in line with Saudi Vision 2030. New Murabba will be built around the concept of sustainability and will offer a unique living, working and entertainment experience. At the heart of New Murabba is a new icon, The Mukaab. An exceptional iconic landmark featuring the latest innovative technologies. The design of The Mukaab includes first-of-its-kind facilities and will be one of the largest built structures in the world. The Mukaab will be the world’s first immersive, experiential destination where hospitality, retail and leisure reach new levels, all in breathtaking, ever-changing environments. Defining Riyadh’s new skyline, The Mukaab will attract visitors from across the world with its incredible state-of-the-art entertainment, dining and retail. This is the new face of Riyadh.