The exhibition organizers have completed their preparations for the launch of the important real estate forum, which is sponsored by the specialized sponsorship of Amlak Real Estate Newspaper.
Transforming Riyadh into a global capital of investment
<The exhibition coincides with the promising policies planned by the Kingdom's government that aim to boost the real estate sector, making the exhibition a real platform for growth in the sector and its aspiration to stimulate investment in the country, especially as the Minister of Housing and the competent authorities have intensified their efforts to address the real estate sector in the Kingdom, in addition to cooperation with real estate development companies to increase the supply to meet the growing demand for affordable housing, along with increasing the rate of home ownership among Saudi citizens. The organizers expect the exhibition to play a role in transforming Riyadh into a global capital for investment as well as providing real estate opportunities in the country's residential, commercial and hospitality real estate sectors.
Discounts on real estate offers
Hussain Al-Faraj, CEO of Ramtan Exhibitions and Conferences, which is co-organizing Restatex Cityscape Riyadh, expressed his great expectations that the exhibition will attract the attention of homebuyers and investors who will attend the event to take advantage of the available options for prices and discounts on properties offered from a wide variety of real estate products within the exhibition. It should be noted that a number of local and international real estate developers and brokers will be present to help them make informed purchasing decisions directly at the exhibition.Restatex Cityscape Riyadh is a platform to promote the residential, commercial and hospitality sectors in the country.
A platform to promote the government's vision to increase housing
<“The wide-ranging efforts - to reshape and strengthen the Kingdom's real estate industry under the National Transformation Program and Vision 2030 - have been met with overwhelming support, and we will see that support materialize at this year's show,” said Ahmed Zakaria, Exhibition Director. Under the National Transformation Program, the Kingdom is looking to double the contribution of real estate to GDP to 10% by 2020, as well as triple the percentage of residential units created by certified developers to 30%. The exhibition aims to be a platform to promote this government vision."
2030 is a driver of real estate investment
Gulf real estate investors looking to invest in Saudi Arabia have high expectations that the Kingdom's real estate market will witness significant positive developments thanks to Vision 2030, according to a new research study by Real Estate Performance Index Studies.
In light of the implementation of Vision 2030, a key driver of real estate investment, respondents were asked about the expected impact of the Kingdom's post-oil economic plan; half of the respondents expected the plan to drive development in the real estate market in Riyadh in particular, especially residential properties (33%), while 43% expected it to drive real estate development in Jeddah and Mecca respectively, and respondents also believe the plan will increase retail/commercial units and allow foreign direct investment to flow into the Kingdom.
Real estate investors in the Gulf region looking to invest in Saudi Arabia have high expectations for the Kingdom's real estate market, according to recent studies by the Real Estate Performance Index Studies.
Specialized Market Trends Workshops
Market trends and an overview of the real estate market will be highlighted in workshops to be held as part of Restatex Cityscape Riyadh, along with topics such as the future of using entertainment in marketing within the Kingdom, the National Transformation Program 2020: Impact and Potential.
It is worth mentioning that the exhibition is sponsored by: Diamond Sponsor - Jabal Omar, Founding Sponsor - Aldar, Opening Sponsor: Saudi Real Estate Company, while the Gold Sponsors are: Amlak International, Al Ahli Bank and Itqan Real Estate represented by the liquidation of the estate of Sheikh Saleh Al Rajhi, while KPMG, Samba and Al Rajhi Bank are silver sponsors.
