Saudi Arabia will be hosting the 42nd edition of the Global Real Estate Summit (42nd FIABCI Global Leadership Summit) next December in Riyadh.

The summit, said to be the industry’s largest annual gathering, will bring together real estate pioneers and CEOs of key real estate companies from all over the globe to the Saudi capital.

The event will see them showcase their expertise in the real estate sector as well as discuss key industry issues. Also, the participants will be taken on a tour to some of the most prominent real estate projects in the kingdom.

The selection of Saudi Arabia as the summit venue comes following the World Real Estate Federation meeting in Cannes, France, held in March on the sidelines of the international real estate event MIPIM.

The FIABCI Global Leadership Summit will witness several sessions, workshops, meetings and lectures aiming to deal with the challenges of the real estate industry as well as available investment opportunities. It will also discuss the role of the industry’s leaders in creating revolutionary ideas, the best international practices and the mechanism of their application in the region, said the organisers.

The upcoming event will address the Saudi real estate sector in light of the kingdom’s Vision 2030 and its successes achieved to date, which enhance the vision’s goals, they added.