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First Partnership Council Launches for Endowment Real Estate Integration
The General Authority for Real Estate and the General Authority for Endowments have launched the First Partnership Council to enhance the integration of the endowment real estate ecosystem. Its goal is to develop the management of endowment assets, achieve sustainability, and foster developmental and economic impact. This initiative is part of efforts to strengthen collaboration and realize the goals of Saudi Arabia's Vision 2030. The council will establish a governance framework for cooperation, oversee initiatives, and sign a Memorandum of Understanding to develop capacities, improve data, and enhance efficiency in managing endowment properties. The joint effort aims to create a more effective regulatory environment and operate the endowment real estate sector with greater effectiveness.
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