It is an institute specialized in spreading the best international practices in the real estate sector and is considered the academic arm of the General Real Estate Authority. Kingdom of Saudi Arabia. The institute was launched on 2/8/2017, and it is considered one of the initiatives launched by the Ministry of Housing to achieve the vision of the Kingdom of Saudi Arabia 2030, as it constitutes the first educational entity specialized in the field of real estate sciences in the Kingdom, in cooperation with local and international partners and houses of expertise in the real estate field.