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Asharq Al-Awsat

Business

Asharq Al-Awsat

PIF Launches National Real Estate Registration Services Company

PIF Saudi Arabia

RER aims to develop a digital platform to build a comprehensive real estate registration database

The Saudi Public Investment Fund (PIF) announced on Sunday the launch of the National Real Estate Registration Services Company (RER), to contribute to the digitization and development of the local real estate sector through a comprehensive digital platform, in cooperation with the Real Estate General Authority and other government entities.

RER aims to develop a digital platform to build a comprehensive real estate registration database covering all data of units of property in Saudi Arabia. The company will also provide property registration services according to best-in-field practices.

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