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His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural, and Housing Affairs, is sponsoring a forum The Future of Real Estate<\/a> The event will take place from February 22 to 24, 2022, at The Ritz-Carlton Hotel in Riyadh, featuring a select group of local and international speakers, along with a number of relevant local and international organizations and bodies in the real estate development, housing, and smart cities sectors, as part of the social responsibility of economists, business leaders, investors, professionals, practitioners, and real estate experts, under the patronage of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing.<\/p>\n\n\n\n The establishment of the forum underscores the importance of the real estate sector in the Kingdom, as one of the pillars of the national economy, and reflects a commitment to enhancing its efficiency and encouraging investment in it, as well as enabling it to increase its contribution to gross domestic product. The forum aims to help improve the performance of real estate enterprises\u2014particularly small and medium-sized ones\u2014and raise the quality of their operations, as well as broadening the base of participation by young men and women in the Kingdom across various fields and opportunities within the real estate sector.<\/p>\n\n\n\n The Future of Real Estate Forum aims to serve as a global intellectual and scientific platform for discussing the present and future of the real estate sector, through a distinctive, practical approach and by adopting a unique methodology to enrich all areas of discussion and showcase the best international practices, with the aim of contributing to the advancement and strengthening of the real estate sector\u2019s future. The Forum also seeks to empower leading real estate professionals, both locally and internationally, under one roof to exchange experiences and information and discuss challenges and best practices for developing the real estate sector as a driver of development and a means of attracting investment to support , as well as providing employment opportunities for national talent in real estate enterprises to achieve prosperity and sustainable development.<\/p>\n\n\n\n The forum will discuss 10 strategic themes covering all aspects of Real estate sector<\/a> In the Kingdom, these include regulatory and legislative trends in the real estate sector; cities of the future and urban development; smart cities and sustainability; the attractiveness and effectiveness of real estate investment; improving quality and safety in construction technology; quality of life in real estate development, financing to strengthen the real estate market, artificial intelligence, the Internet of Things, and big data in the real estate sector, human capital in the real estate sector, and social responsibility in the real estate market. The forum targets a number of sectors and entities, most notably government sectors related to real estate, construction and development companies, specialized research and digital firms, banks, finance companies, and investment funds, the Council of Saudi Chambers and the Kingdom\u2019s real estate committees, as well as specialized international organizations and associations, such as the International Monetary Fund, the World Bank, and the World Real Estate Federation \u2014as well as international ambassadors and embassies. Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>His Excellency Majed bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, is sponsoring the Future of Real Estate Forum, which will be held from February 22 to 24, 2022, at The Ritz-Carlton Hotel in Riyadh, with the participation of a select group of local and international speakers, as well as a number of local and international organizations and bodies involved in the real estate development, housing, and smart cities sectors, in order to\u2026 Read 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The forum\u2019s workshops will address a number of topics related to the present and future of real estate, including real estate auctions and their impact on the sector, financing for small and medium-sized real estate enterprises, disputes and real estate arbitration mechanisms, improving the performance of real estate enterprises, the sovereign wealth fund and its impact on the sector; localization and its challenges; real estate digitization; real estate marketing; and real estate valuation.
A number of events will be held on the sidelines of the forum, including an accompanying real estate exhibition and a real estate hackathon, with the participation of a number of relevant real estate entities and organizations, which in turn will reflect the technological advancements in the Kingdom\u2019s real estate sector, The event will showcase the latest advancements in real estate technology and the remarkable growth that has characterized the real estate market, which has contributed to a notable recovery in both supply and demand.<\/p>\n\n\n\n
The Future of Real Estate Forum serves as an opportunity to discuss all matters related to the real estate sector in the Kingdom, particularly in the areas of regulations and legislation, their impact on the real estate sector, and how they are influenced by flexibility and dynamism. The forum also serves as an opportunity to review the results of in-depth studies on the real estate sector, as well as data on rental and home ownership demand and the sources of this demand both domestically and internationally, Speakers are expected to discuss a range of views on targeted laws and regulations and their ability to address both anticipated and unanticipated risks and challenges.<\/p>","protected":false},"excerpt":{"rendered":"