Saudi businessman and investor Musa Al-Mousa, Chairman of the Musa Al-Mousa Real Estate Group, expressed his delight at the significant progress made by the Cityscape Qatar 2017 exhibition halls, praising the large number of major companies and diverse real estate projects from most parts of the world. Al-Mousa emphasized that the success of this exhibition stemmed from the diversity of real estate offerings—ranging from residential, commercial, land, hotels, and others, which increased the turnout of visitors and interested parties.
Al-Mousa noted that the excellent organization he observed—bringing all products and companies together in one place—made it easier to identify opportunities, meet with their owners, and obtain information directly from the source, noting the importance of joint cooperation among businesspeople to seek investment opportunities in any country that encourages investment through partnerships that yield lucrative returns for all.
During his visit to the Itqan Real Estate Company booth at the exhibition, the exclusive marketer of Sheikh Al-Rajhi’s estate, in the presence of Mr. Abdulaziz Al-Issa, Editor-in-Chief of Amlak newspaper, a thorough discussion took place regarding the Al-Rajhi Estate auctions, during which Al-Mousa emphasized the need to set attractive and reasonable prices that support and entice buyers and contribute to the auction’s success, especially given that the market offers diverse investment opportunities. Al-Mousa commented on the lands in Al-Quds neighborhood, describing them as exceptional and noting that public interest in them is high and positive.
In the same vein, Abdulaziz Al-Rashid, Chairman of Itqan Real Estate Company—the exclusive marketer of Al-Rajhi’s estate—confirmed that his company is marketing 450 properties belonging to the estate, emphasizing that the prices will be fair and reasonable, as determined by the Saleh Al-Rajhi Estate Liquidation Council and the Judicial Council, and will be attractive to investors. Al-Rashid added that the Council has now put up 50% of the total asset value for sale, in accordance with the wishes of Sheikh Saleh Al-Rajhi’s heirs. The head of Itqan assured that the auction will take place as scheduled next month during Rajab. On the other hand, Al-Rashid revealed that negotiations are underway regarding the sale of some large plots to competing Emirati companies in certain areas.
