Baku hosts first international real estate exhibition

Azerbaijan hosted its first international real estate exhibition in Baku this week, Euronews reported. The event, named AIREX 2026, brought together developers and investors from across the region as the country continues large-scale urban expansion and reconstruction. [1]

According to Euronews, the exhibition examined the local property market and the challenges facing the sector. The report noted that the property market is increasingly shaped by smart technologies, sustainability, affordable housing, urban planning, and changing lifestyles. [1]

Azerbaijan is a presidential republic where executive power is concentrated in the office of the president, who serves seven-year terms. Ilham Aliyev has held the presidency since October 2003. [8]

The exhibition aimed to highlight what makes a city attractive to residents and investors while putting the future of the country's built environment in focus, Euronews reported. [1]