Real estate studies institute to catalyze growth of sector

Real estate studies institute to catalyze growth of sector

By Mansour Al-Tamimi

The real estate sector plays a crucial role in the economic growth and development of any nation. In Kuwait, the real estate market has been experiencing remarkable growth in recent years, with a steady increase in demand for residential, commercial and industrial properties. However, to sustain this growth and ensure the sector’s long-term success, it is essential to establish a specialized institution dedicated to real estate studies and research – a Real Estate Studies Institute (RESI) in Kuwait.

This article aims to highlight the importance of such an institute and demonstrate the positive impact it will have on the real estate sector in Kuwait. Enhancing professionalism and competence The establishment of a RESI will contribute to the professionalization of the real estate sector by providing specialized education and training programs for individuals involved in the industry. By offering courses, seminars and workshops in various disciplines such as property management, valuation, real estate finance and urban planning, a RESI will ensure that professionals in the sector are equipped with the latest knowledge and skills to meet the evolving demands of the market.

Furthermore, a RESI will serve as a platform for collaboration between academia, industry and government, fostering a culture of