Highlighted this month at the Real Estate Future Forum in Riyadh are innovation and sustainability.

 Highlighted this month at the Real Estate Future Forum in Riyadh are innovation and sustainability.

                                                                Source arabnews.com

RIYADH: The third Saudi Real Estate Future Forum, taking place in Riyadh from January 22 to 24, will feature a focus on emerging trends in real estate, specifically pertaining to innovations and sustainable solutions.

With the subject "The Power of Flexibility... Building a Sustainable and Prosperous Real Estate Future," organizers anticipate more than 300 speakers from 85 countries, representing both the public and private sectors.

Local and foreign economists, investors, decision-makers, and real estate specialists will be present at the event, which is organized by the Ministry of Municipal and Rural Affairs and Housing, the Saudi Press Agency said on Wednesday.

According to Ministry spokesman Saif Al-Suwailem, the forum highlights the real estate industry's significant role as a fundamental tool for social and economic development. The event will also significantly contribute to knowledge expansion and the local and global exchange of experience and expertise.

He continued, saying that the Kingdom is going through a real estate and urban renaissance as a result of large-scale, diverse projects and ongoing development efforts. The forum provides an opportunity to examine the numerous success stories, talk about best practices from around the world, investigate the newest technologies and their applications, and support sustainable development as a means of achieving a more advanced and promising future.

A wide range of significant strategic topics, including innovation in the real estate industry, developments in the sector, major challenges, new opportunities, emerging trends, sustainable financing solutions, and the real estate industry's role in raising the standard of business, will be covered in more than 30 discussion sessions and 25 workshops at the forum.

Participants will examine how different approaches affect the sector's growth and sustainability, how the real estate market is changing, and how upcoming technological advancements may affect urban flexibility and architectural inventiveness in cities.

The contribution of the real estate industry to enhancing the hidden wealth of cities, technical services, the prospects for commercial real estate, adaptability and innovation, and strategies to boost sector growth are some other subjects that will be covered in the conversation.

The event will be accompanied by an exhibition that includes pavilions displaying the newest advancements in real estate technology, cutting-edge goods, and financing options. Numerous memorandums of understanding and partnership agreements are anticipated to be inked during the event, according to the organizers.

Source arabnews.com

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