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12 December 2011, Commercial Focus Day |
| 09:00 |
Registration |
| 10:00 |
Chairman’s welcome remarks |
| 10:30 |
Panel discussion Strategies and challenges of supplying world-class infrastructure to realise real estate growth goals in Riyadh |
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- Examining current challenges to supplying world-class transport infrastructure networks
- Assessing strategies for planning and developing major infrastructure projects to serve existing and planned real estate developments
- Addressing connectivity issues in relation to boosting the Saudi real estate market
- How to attract, retain and maintain world-class infrastructure projects: Discussing the best business model most relevant to KSA
Raeyd Al Dakheel, CEO, Mawten Real Estate, KSA Dr. Michael L. Weiss, Ph. D. ABD, HCCP, Managing Principal and President, The WorkingBuildings Companies, USA Dr. Bassam M. Boodai, CEO, Jenan Real Estate, KSA
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| 11:15 |
Tourism and Hospitality Focus Panel Tapping into Riyadh’s tourism development potential |
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- Capitalising on the fast growing domestic tourism potential and current limited opportunities for out-of-home leisure and entertainment venues
- Maximising a competitive and open business environment ready to partner with international tourism investors, developers and operators
- Identifying and tackling the challenges facing the tourism and hospitality market in Riyadh, including infrastructure, surrounding environment and entertainment venues
- Encouraging private sector investment and partnership to establish international quality tourism facilities
Olivier Granet, Director of Development, ACCOR Middle East, UAE Mohamed Al Amir, Managing Director, Riyada International Co., KSA Bani Haddad, Vice President Development – Middle East & Africa, Wyndham Hotel Group, UAE Rani Gharbie, Director of Development, Middle East and Africa, Intercontinental Hotels Group, UAE
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| 12:00 |
Prayer3 , refreshment and networking break |
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| 12:30 |
Commercial Focus Panel Capitalising on the Kingdom’s major financial centre to maximise business potential |
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- Choosing prime commercial office locations to maximize business exposure, proximity and connectivity to business centers
- Exploring the potential of new developments focused to the north of Riyadh to supply Grade A and B space
- Addressing the issue of quality vs. quantity: What is more attractive to the investor, developer and end user?
- Building quality and sustainable office space to attract long-term tenants
- Mitigating the negative effects of oversupply of office space
Ibrahim A. Al Asseri, Executive Vice President, Zahran Holding, KSA Dr. Michael L. Weiss, Ph. D. ABD, HCCP, Managing Principal and President, The WorkingBuildings Companies, USA Akram Omar, Director Development, Emaar ME, KSA
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| 13:15 |
Developer Focus Presentation Establishing an accurate real estate market overview in Riyadh to cost-effectively manage real estate projects |
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- Reviewing the statistics: Real estate figures in Riyadh during 2011 and future forecasts
- How do you avoid discrepancies in numbers? Determining market research tools and analysis methods on which to base a project’s future success
- Assessing your projects’ cost-effectiveness based on realistic market research
- Examining various market analysis tools and determining which one best suits the Riyadh market conditions
Ahmed Al-Hatti, President and Chairman of the Board, Cayan, KSA
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| 14:00 |
Closing Debate To tax or not to tax? That is the “white land” question |
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- Setting criteria to define what is commonly referred to as “white land”
- Considering the effects of placing taxes on “white land” on the dynamics of the real estate market in Riyadh
- Which should come first: Regularising the real estate market or setting fees on unused land plots?
Dr. Abdulwahab S. Abu-Dahesh, Deputy to the Chairman of Real Estate Committee, Riyadh Chamber of Commerce, KSA Dr. Abdulrahman Bin Molla Al-Lowaihiq, Chairman of the Sharia Advisory Board, Abdulla Bin Mohamed Bin Saedan Real Estate Company, KSA
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| 14:45 |
End of conference |
| 15:00 |
Prayer4 and networking lunch break |
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3Dhur prayer at 11:47 a.m |
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4Asr prayer at 2:46 p.m |
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