Dubai PR Network, Online Press Release from Dubai and Middle East
Property & Real Estate(Real Estate & Retail)
Filter PR by
Restatex 2013 to showcase top property projects & prospects as KSA construction pipeline hits SAR 2.35 trillion
Restatex 2013 to showcase top property projects & prospects as KSA construction pipeline hits SAR 2.35 trillion

April 23, 2013:- Kingdom of Saudi Arabia has been witnessing a remarkable growth in real estate projects that have been launched to keep pace with soaring demand. Housing is a particularly active segment, with 13 percent growth expected in demand for residential units to reach 1.5 million by 2015. Over the past few years, around 50 new real estate developers have been licensed in the Kingdom to address needs of the construction pipeline currently estimated to be worth SAR 2.35 trillion, with the residential, education, healthcare and industrial sectors as focal areas.

The upcoming Riyadh Exhibition for Real Estate and Architecture Development (Restatex 2013) is being eagerly awaited by local, regional and global property players and investors who seek a clearer perspective of the Saudi real estate landscape and its underlying opportunities. The 16th edition of the largest annual real estate exhibition and forum in the Kingdom will take place from April 28 to May 1, 2013 at the Riyadh International Convention Centre.

Injaz Development Co., a leading developer in KSA's real estate space and a Golden Sponsor of Restatex 2013, will highlight some of the country's strategic property segments as well as key projects such as its Al Gamra and Al Marina developments. Al Gamra is an integrated development project that offers ready-to-occupy plots for residential and commercial buildings and malls with a 2.6 million sqm complex at the heart of the “New Riyadh.” It is specifically designed to complement the growing investment and housing needs of Northern Riyadh. Al Marina, on the other hand, is a 3.3 million sqm development on the Al-Khobar-Dammam costal corridor which will emerge as a major waterfront landmark in the Eastern Province and is touted as one of the country's most sophisticated multi-use real estate projects.

“While there is no doubt that KSA represents one of the most vibrant property markets in the Arab region, interested developers and investors need to have solid information on available opportunities and how to go about securing them. As the Kingdom's premier real estate event, Restatex connects the right stakeholders with the right projects to ensure mutual and robust growth. Injaz considers Restatex an ideal platform to share and acquire expertise and best practices while introducing our own projects to a broader regional and global audience. It is also an exciting channel to strengthen ties and form partnerships with market players,” said Omar Al-Kadi, CEO and Managing Director, Injaz Development Co.

Posted by : Dubai PR Network Editorial Team
Viewed 6381 times
PR Category : Real Estate & Retail
Posted on : Tuesday, April 23, 2013  2:35:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Major Developers and Financial Houses from the Philippines t...
Next Story : Emirates Heights Prepares for a ‘Summer of Surprises' as it ...
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
Korea's Number One Beauty Brand Innisfree All Set to Celebrate the Grand Opening at the Du... [7125-Views]
6 Trends That Will Dominate Beauty in 2020 According to Foreo [6984-Views]
Made in Italy: Top Picks from the Latest Deborah Milano Make-Up Range [6423-Views]
Corum Admiral's Cup Legend 47 Worldtimer' [6277-Views]
Rado True Thinline Les CouleursTM Le Corbusier' [6252-Views]
Introducing Zeitun Premium Face Care Collection [6149-Views]
How to Beat Pigmentation with DERMAdoctor [5978-Views]
Emirates Post Issues Set of Commemorative Stamps for the New Logo for People of Determinat... [5380-Views]
Rate Hawk is Live with Global Innovations Flagship Product TassPro and Itinerary [5374-Views]
Achieve Gorgeous and Radiant Skin in Only 90 Seconds [5051-Views]
Spoil her this Mother's Day with gifts from Marks & Spencer [4874-Views]
Marks & Spencer, Britain's Best Loved Denim [4831-Views]
Enjoy a Selection of Anti-Aging Products from Beauty Solutions [4654-Views]
Swatch X 007 – Introducing the New James Bond Collection and Limited Special Edition [4551-Views]
Team Abu Dhabi Riders Grab Double Triumph On Dramatic Race Day in Kuwait [4404-Views]
Dubai Customs Graduates 1st Batch of “Dubai Customs Leaders” Program [4233-Views]
Aston Martin DBX Makes First Public Appearance in UAE [4191-Views]
Dubai Chamber Honours Top-performing Trading Companies [4142-Views]
Italian Food Exports to the UAE Increases by 11%, Reports ITA Ahead of Italian Participati... [4136-Views]
Ferragamo Sapphire Collection [3983-Views]
Spring is in the Air at West Elm [3928-Views]
HRH the Prince of Wales Officially Opens the National Automotive Innovation Centre [3880-Views]
The Award-winning #burjumanfoodart Festival is Back by Popular Demand! [3733-Views]
Buyers Rush for Majid Al Futtaim's First ‘Elan' Townhouses at Tilal Al Ghaf [3587-Views]
Artificial Intelligence Seen to Play a Significant Role in Driving Success Rate of IVF Tre... [3581-Views]
RSS Facebook Twitter LinkedDin
Top Sections
Top Stories