Real Estate Authority Concludes Participation in EXPO REAL in Munich

Munich: The Real Estate General Authority (REGA) concluded its participation in the International Trade Fair for Property and Investment (EXPO REAL), held in Munich, Germany, from October 6 to 8.

According to Saudi Press Agency, EXPO REAL is Europe’s largest trade fair for real estate and investment, bringing together experts and specialists from around the world to exchange insights and ideas on innovative solutions addressing challenges, aspirations, and prospects of the real estate sector.

Through its pavilion at the exhibition, the REGA showcased key real estate legislations in the Kingdom, which serve as major enablers and drivers of a real estate industry aligned with future aspirations and attractive to investment in Saudi Arabia. The authority also engaged with leaders and real estate developers from participating countries to highlight the Kingdom’s real estate investment environment.

The REGA’s team presented several topics during the exhibition and accompanying events, including its role in regulating the rental sector, the introduction of the Real Estate Brokerage Law, considered of international interest, and highlighting the Law of Real Estate Ownership by Non-Saudis and its executive regulations. The authority also reviewed policies for protecting the rights of sector stakeholders and presented digital real estate platforms that provide access to services, transactions, and real estate data and indicators.

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