Saudi Gazette report
RIYADH — Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail inaugurated the Actual Property Registry (RER) Platform, a revolutionary digital hub providing a spread of companies akin to mortgage registration, inclusion of actual property rights and obligations, and numerous different companies — all conveniently out there in a single centralized platform.
The launch happened through the Saudi Proptech Summit in Riyadh, the place the Nationwide Actual Property Registration Providers Firm (Actual Property Registry — RER) actively participates. The summit goals to disseminate information within the Saudi actual property market and enhance investments within the Kingdom.
Dr. Mohammad Al-Suleiman, CEO of RER, expressed pleasure within the firm’s participation within the summit and enthusiasm for the introduction of the RER Platform.
He emphasised that the platform marks a brand new part aligned with the corporate’s future imaginative and prescient of fostering a reputable and clear actual property sector.
Al-Suleiman highlighted that the platform will function a central hub for all actual property transactions, providing a safe and dependable setting for the seamless completion of property transactions.
He underscored that the platform offers fast and efficient entry to essential details about actual property and transactions, contributing to the sector’s digital transformation with an information financial institution that advantages traders, homeowners, brokers, and actual property builders alike.