Al-Haqeel: Saudi real estate market offers quality opportunities supported by stimulating regulations and advanced digital infrastructure

During the Capitals London forum, he emphasized the readiness of Saudi cities to attract real estate investments in the presence of companies and funds with assets exceeding $4.4 trillion.
Al-Haqeel

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His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al Haqeel, stressed that the Kingdom continues to strengthen its position as a global center for real estate investment, supported by a flexible regulatory environment, advanced legislation, and economic incentives emanating from the objectives of the Kingdom's Vision 2030.

He made the remarks during his speech at the “Capitals London” forum, which was held as part of the Global Investors Program accompanying the Cityscape Global Exhibition. This came during his speech at the Capitals London Forum, held as part of the global investor program accompanying the Cityscape Global exhibition sponsored by the Ministry of Municipalities and Housing, with the participation of more than (100) international companies and investment funds that manage assets worth more than (4.4) trillion dollars.

Haqeel explained that the Kingdom is a global hub for real estate investment, supported by a flexible regulatory environment, advanced legislation, and economic incentives stemming from the objectives of the Kingdom's Vision 2030. Al-Haqeel explained that cities in the Kingdom have become eligible to attract innovative real estate investments, thanks to their high urban readiness, advanced digital infrastructure and transparent legislative environment, noting that the real estate market is witnessing a qualitative transformation that enhances its attractiveness and confirms the strength of its components and its ability to accommodate sustainable and distinctive projects.

Haqeel described the forum as an opportunity to attract innovative real estate investments in the Kingdom. His Excellency described the forum as a strategic platform to review investment opportunities in the real estate sector and introduce the growing potential of the Saudi market, stressing the importance of international engagement in this transformation, inviting major investors to participate in the next edition of Cityscape Riyadh 2025, which is held in light of the comprehensive urban renaissance witnessed by the Kingdom.

He pointed out that the real estate market is undergoing a qualitative transformation that enhances its attractiveness and confirms the strength of its components and its ability to absorb sustainable and distinctive projects. He said that real estate opportunities in the Kingdom today are no longer traditional, but extend to the fields of urban technology, sustainability and multiple partnerships, stressing that these trends contribute to building an attractive and effective investment ecosystem.

The forum was attended by representatives of major investors to participate in the next edition of Cityscape Riyadh 2025, which will be held under a comprehensive urban renaissance witnessed by the Kingdom. <The forum witnessed the presence of representatives from the Ministry of Investment, the General Real Estate Authority, the Public Investment Fund and the National Housing Authority, in addition to a group of financing companies, and reviewed innovative partnership models, real estate empowerment mechanisms, and digital technologies that support market growth and enhance its stability. This participation in the forum comes within the ongoing efforts of the Municipalities and Housing System to enhance the Kingdom's position as a premier destination for real estate investment in the region by building a reliable legislative environment, empowering the private sector, and expanding partnerships with global developers to positively reflect on urban development and quality of life in the Kingdom's cities.

The participation in the forum is part of the ongoing efforts of the Municipalities and Housing System to enhance the Kingdom's position as a premier destination for real estate investment in the region.