Key Takeaways
- • The Garabagh Revival Fund (GRF) took part in the First Azerbaijan International Real Estate Exhibition ("AIREX 2026") at the Baku Expo Center, which runs through November 6, 2026, according to AZERTAC.
- • The exhibition, organized by PASHA Property Management, hosts 61 companies (47 local and 14 foreign) and is expected to draw 20,000 visitors over three days.
- • President Ilham Aliyev, First Lady Mehriban Aliyeva, and Leyla Aliyeva visited the GRF stand on November 4, where GRF Executive Board Chairman Rahman Hajiyev outlined the fund's financing, investment, and public-private partnership role in the liberated territories.
- • Hajiyev said the reconstruction of Garabagh and East Zangazur aims to return residents to live and work permanently, with real estate defined to include hotels, logistics and business centers, and other job-creating facilities.
Summary
The Garabagh Revival Fund participated in the First Azerbaijan International Real Estate Exhibition, "AIREX 2026," held at the Baku Expo Center on November 4, 2026, according to AZERTAC. The exhibition, organized by PASHA Property Management, brings together 61 companies, including 47 local and 14 foreign firms, and runs through November 6. Organizers expect 20,000 visitors over three days. The event is held in the year declared the "Year of Urban Planning and Architecture" in Azerbaijan and is positioned as a platform for presenting projects tied to Baku's development and the reconstruction of cities and villages in Garabagh and East Zangazur.
Anar Guliyev, Chairman of the State Committee on Urban Planning and Architecture, Rahman Hajiyev, Chairman of the GRF Executive Board, and Tural Aliyev, CEO of PASHA Property Management, addressed the official opening. President Ilham Aliyev, First Lady Mehriban Aliyeva, and their daughter Leyla Aliyeva toured the exhibition stands, including the GRF stand, where Hajiyev described the fund's remit: financial support for restoration and reconstruction of the liberated territories, investment attraction, public-private partnerships, and public awareness projects. The fund also promotes a culture of charitable giving and commissioned the book "Revival of Garabagh: The Story of Azerbaijan's Renaissance."
In a panel discussion titled "Rebuilding and Reimagining: Azerbaijan's Urban Vision," Hajiyev said the restoration effort extends beyond housing and infrastructure, with the primary objective of enabling residents to return and remain permanently, making sustainable settlement a central challenge. He noted that real estate includes hotels, logistics and business centers, and other facilities supporting employment, as well as historic sites and museums. The panel was moderated by Ugur Cem Yigit, Partner at McKinsey & Company, and included Read Gasimov of the Baku General Directorate for Architecture and Urban Planning, Marcelina Zielinska of Chapman Taylor, and Drew Kent of Modon Real Estate.
Anar Guliyev, Chairman of the State Committee on Urban Planning and Architecture, Rahman Hajiyev, Chairman of the GRF Executive Board, and Tural Aliyev, CEO of PASHA Property Management, addressed the official opening. President Ilham Aliyev, First Lady Mehriban Aliyeva, and their daughter Leyla Aliyeva toured the exhibition stands, including the GRF stand, where Hajiyev described the fund's remit: financial support for restoration and reconstruction of the liberated territories, investment attraction, public-private partnerships, and public awareness projects. The fund also promotes a culture of charitable giving and commissioned the book "Revival of Garabagh: The Story of Azerbaijan's Renaissance."
In a panel discussion titled "Rebuilding and Reimagining: Azerbaijan's Urban Vision," Hajiyev said the restoration effort extends beyond housing and infrastructure, with the primary objective of enabling residents to return and remain permanently, making sustainable settlement a central challenge. He noted that real estate includes hotels, logistics and business centers, and other facilities supporting employment, as well as historic sites and museums. The panel was moderated by Ugur Cem Yigit, Partner at McKinsey & Company, and included Read Gasimov of the Baku General Directorate for Architecture and Urban Planning, Marcelina Zielinska of Chapman Taylor, and Drew Kent of Modon Real Estate.
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