 Preface:
The Real Estate Sector is one of the
crucial pillars in the national
economy. It possesses the largest
percentage of the total investments
in the economy. In addition to that,
it also holds an important position
in the investment map. Moreover,
this sector has possessed a high
percentage of savings and
investments in the Saudi Real Estate
Sector that accumulate to about
1,200 billion Riyals, of which 100
to 200 billion is exchanged annually
in this sector.
The real estate market has undergone
many changes. It has done so by the
observation of the economical
development and reforms witnessed by
the Saudi economy; in response to
the global and economical changes
through renewed plans, systems and
the environment to go abreast with
such transformation.
As a result of all that, we have had
a generation of newly developed
mechanisms that are driving the
market to continuous growth, and
lead to the availability of modern
innovations in quality and in the
fields of the real estate
mechanisms.
Objectives:
SAIREC aims to open one’s eyes to
the current image of the Real Estate
Sector. A period where the trends of
the investors accelerate towards the
innovation and generation of newly
developed mechanisms in the
development of their investment
projects. Furthermore, it aims to
foreshadow the future, in view of
the current and anticipated changes,
for the purpose of determining the
frames and methodologies which would
ensure the development and elevation
of this sector. |
