The General Authority for State Real Estate has clarified that it is working to achieve its vision by maximizing the effectiveness of state real estate and achieving sustainable development through the adoption of 4 strategic goals, 21 initiatives, and 14 performance measurement indicators.
She added that the strategic objectives are to define and enforce an integrated and transparent regulatory framework for state real estate, optimize its use, rationalize rental expenses and divest state entities, while applying energy efficiency standards and implementing the best specifications and standards in government real estate.
She indicated that the strategic objectives were built on four pillars: protection, efficiency, quality, and productivity. From these, 21 initiatives emerged, the most prominent of which are the review and creation of new systems and regulatory regulations, the compilation, documentation, issuance, and updating of documents and contracts for state real estate, the digital transformation of the agency's services, the allocation of land based on needs, the leasing of commercially viable real estate, the recovery of unused state real estate, the provision of premises in partnership with the private sector, and the optimal use of distinctive locations for government agencies' premises, in addition to the conclusion of lease agreements with the end in ownership, the improvement of the cost of expropriation of real estate, the improvement of the use of state real estate abroad, and the development of the best specifications and standards for real estate management, as well as the provision of new financial and financing solutions.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The General Authority for State Real Estate stated that it is working to achieve its vision of maximizing the effectiveness of state-owned real estate and achieving sustainable development through the adoption of 4 strategic objectives, 21 initiatives, and 14 performance indicators.It added that the strategic objectives are to establish and enforce a comprehensive and transparent regulatory framework for state-owned real estate, optimize its use, rationalize rental expenses, and divest government entities of their property holdings while applying efficiency standards \u2026 Read 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