Rapid Development of Saudi Real Estate Market
Majed Al Hogail, Managing Director of Rafal Real Estate Development Co. The government´s plan is based on the Royal decree to develop and provide 500,000 units.
imported 2024-03-17 17:43:07
Majed Al Hogail, Managing Director of Rafal Real Estate Development Co. The government´s plan is based on the Royal decree to develop and provide 500,000 units.
“Al-Khafrah Holding Group is a privately owned company, established by Sheikh Mubarak Al-Khafrah. We have multi-departments and sections responsible for renewable energy, industrial investments, real estate development and property development,” says Emad Al-Shamma, CEO of Al Khafrah Group Holding Co.
Valério Dornelles presents Tecno Logys, a company acting in the construction market in Brazil. Tecno Logys offers technological solutions for the building sector through an innovative concept of integrated masonry.
Mauro Dottori, President of MPD, gives an overview of the company. MPD has been acting in the construction and real estate segments in Brazil and is now completing 32 years of existence.
HAR Properties is a dedicated real estate company providing all types of real estate services, more particularly developing projects. Based in Lebanon, with a regional outreach, we develop our own real estate projects, as well as develop third party operations
Capstone Investment Group focuses on multi-use high-end real estate development. We have a combination of expertise in real estate, engineering, project management, sales and marketing and most importantly, finance.
Mauro Dottori, President of MPD
Mauro Dottori gives his evaluation of the real estate and construction sectors in Brazil and presents MPD, sharing his vision for the company, its values, success cases, current projects, challenges to be faced and plans for the future.
“We are real estate developers and in my opinion, the real estate sector has been one of the most resilient industries, fortunately. SODIC, as a company, has also been more resilient than others. I believe it is a factor of a very deep-willed demand in the market place that is not built on speculation or credit,” notes Ahmed Demerdash Badrawi, Managing Director of SODIC.
The Egyptian market is starting to witness intense competition between the investment companies related to huge tenders and contracts for the implementation of a range of real estate projects. This will create a healthy competitive environment that will have a positive impact on the Egyptian economy. It is expected that the prices of Egypt’s property units will increase by up to 15 percent by end of 2014.
The real estate market in Saudi Arabia as grown more than 10% in the past five years, and shows no evidence of slowly down. According to Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, most of this growth comes from the Mecca and Medina region, and partly from Riyadh.