Latest news with #FutureofRealEstateForum
Leaders
29-01-2025
- Business
- Leaders
Exclusive Interview with Al-Fawazi, Senior Officer in Financing Solutions Dept. at Sukuk
The Future of Real Estate Forum is a significant platform for exchanging ideas and insights about the future of the real estate sector. In this interview, Faisal Al-Fawazi, senior officer in financing solutions department at Sukuk, delved into the importance of participating in this forum. Goal of Sukuk Financial's Participation The primary goal for participating is to expand and strengthen relationships with financiers and real estate investors. Moreover, we see this forum as an excellent opportunity to connect with key market players, exchange experiences, and showcase the innovative financing solutions we offer at Sukuk. Sukuk Financial boasts a strong investment portfolio exceeding five billion Saudi Riyals. One of our key distinctions is that our non-performing loan ratio is zero percent, reflecting the quality of our risk management and the financial strength we possess. Additionally, we have distributed returns to investors amounting to one billion six hundred million Saudi Riyals, further bolstering investor confidence in our services. Financing Programs at Sukuk Sukuk offers two main programs: Construction Financing: We start financing as soon as land ownership is secured, helping investors to initiate their projects quickly and efficiently. Project Portfolio Financing: This program is designed to support large and diverse real estate projects, providing significant flexibility for investor. Future of Partnerships with Upcoming Real Estate Projects Al-Fawazi emphasized: 'At Sukuk, we are fully equipped to handle any upcoming real estate project. With our extensive experience and robust infrastructure, we are capable of delivering innovative financing solutions tailored to market demands. Our goal is to become the leading financial partner for real estate investors, and we remain dedicated to providing exceptional services that drive the success of their ventures.' Related Topics : Future of Real Estate Forum 2024 Signs over 50 Agreements Asir Region Unveils Tourism Vision at Real Estate Future Forum 2025 ROSHN Group: Strategic Partner of 2025 Real Estate Future Forum Saudi Arabia to Host 4th Real Estate Future Forum in Jan 27 Short link : Post Views: 44 Related Stories
Leaders
29-01-2025
- Business
- Leaders
Future Real Estate Forum 2025 Launched in Riyadh
The Minister of Municipal and Housing Affairs, Chairman of the Board of Directors of the General Real Estate Authority, Mr. Majid bin Abdullah Al-Hogail, sponsored the launch ceremony of the fourth edition of the Real Estate Future Forum in Riyadh. The event, held under the slogan 'A Future for Humanity: From Dreams to Reality,' saw participation from over 120 countries, 500 speakers from the public and private sectors, and numerous prominent local and international figures. Pillar of Vision 2030 The Minister highlighted the significant real estate legislation in the Saudi real estate market, including systems, rules, and regulatory frameworks, which reflect the government's commitment to this sector. He emphasized that the real estate sector has become a cornerstone of the Kingdom's Vision 2030, driving economic growth and development. Enhancing Market Reliability, Trust The real estate brokerage system and its executive regulations have strengthened the reliability of the real estate market by providing a clear legal framework that protects the rights of all parties. This has fostered trust among investors, property owners, brokers, service providers, and clients. Additionally, the real estate contributions system, alongside regulations for off-plan projects and penalties, has contributed to remarkable growth, with 192 project licenses issued worth over 147 billion riyals (approximately 39.2 billion USD) in the past year. Global Opportunities for Real Estate Development The 'Future of Real Estate Forum' offers global, high-quality opportunities for the development of the real estate sector, focusing on sustainable and integrated cities equipped with municipal and housing services. These cities aim to meet the aspirations of residents and enhance their quality of life. The Minister emphasized that the exceptional growth in the Saudi real estate market is a result of a clear vision, advanced legislative frameworks, and a supportive economic environment. Dialogue Sessions on Real Estate Progress, Opportunities On its first day, the forum hosted dialogue sessions exploring the evolution of the municipal and housing sectors, investment opportunities across the Kingdom, and the role of economic integration in supporting growth. Discussions also highlighted the importance of the real estate registry in urban planning, the development of sustainable communities, and the need for innovation and modern technologies to unlock future prospects in the real estate landscape. Showcasing Innovation, Trends The Future of Real Estate Forum spans three days and includes a real estate exhibition featuring participation from major local and international companies, investors, and entities. The exhibition showcases the latest real estate technologies, advanced products, financing solutions, and market trends. It also highlights strategic steps to enhance the transparency, reliability, and investment appeal of the Saudi real estate market. Related Topics : Future of Real Estate Forum 2024 Signs over 50 Agreements Asir Region Unveils Tourism Vision at Real Estate Future Forum 2025 Riyadh Real Estate Future Forum Convenes on Jan. 22 with Focus on Innovation Real Estate Future Forum to Kick off in Riyadh Short link : Post Views: 16
