Riyadh, Saudi Arabia: Re-Invest, the leading commercial real estate platform in the Kingdom, has signed a memorandum of understanding with the Real Estate General Authority during its participation in the Cityscape Global exhibition which was held in Riyadh from November 11 to 14. This partnership aims to strengthen the relationship between the public and private sectors by establishing strategic partnerships with key players in the Saudi real estate ecosystem. The primary goal is to facilitate access for real estate technology companies like Re-Invest to the Real Estate General Authority's data. This data will be used to develop innovative value-added products and services that enrich the commercial real estate sector in the Kingdom, enhance the customer experience, and increase credibility and reliability.

The memorandum of understanding was signed by Mr. Majid Al-Tulaihi representing the Real Estate General Authority, and Waleed Al-Mahmoud, CEO of Re-Invest.