Karabakh Revival Fund Successfully Participates in AIREX 2026

The inaugural Azerbaijan International Real Estate Exhibition (AIREX 2026), held at the Baku Expo Center from November 4 to 6, 2026, has concluded.

The Karabakh Revival Fund (KRF) successfully took part in the exhibition, which was organized by PASHA Property Management and brought together 61 companies, including 47 local and 14 international companies.

Speakers at the official opening ceremony included Anar Guliyev (Chairman of the State Committee on Urban Planning and Architecture), Rahman Hajiyev (Chairman of the Executive Board of the Karabakh Revival Fund), and Tural Aliyev (Chief Executive Officer of PASHA Property Management).

On November 4, President of the Republic of Azerbaijan Ilham Aliyev, First Lady Mehriban Aliyeva, and their daughter Leyla Aliyeva visited AIREX 2026 at the Baku Expo Center.

During their visit to the Fund’s stand, Rahman Hajiyev explained that the Fund provides financial support for the restoration and reconstruction of the liberated territories, attracts investment, promotes public-private partnerships, and carries out public awareness projects. The Fund took part in the exhibition to inform the public about its work and the large-scale restoration and reconstruction efforts underway in the liberated territories, and to promote a culture of charitable giving.

The Chairman of the Executive Board also briefed the visitors on the innovative book project “Revival of Karabakh: The Story of Azerbaijan’s Renaissance.” Commissioned by the Fund, the book presents the realities of Garabagh and documents restoration and reconstruction work in the liberated territories under the leadership of the President of the Republic of Azerbaijan.

Rahman Hajiyev later spoke at the panel discussion “Rebuilding and Reimagining: Azerbaijan’s Urban Vision,” held as part of AIREX 2026.

Ugur Cem Yigit, Partner at McKinsey & Company, moderated the panel. Joining Rahman Hajiyev on the panel were Read Gasimov (Head of the Baku General Directorate for Architecture and Urban Planning under the State Committee on Urban Planning and Architecture of the Republic of Azerbaijan), Marcelina Zielinska (Group Board Director at Chapman Taylor), and Drew Kent (Executive Director, Design at Modon Real Estate).

Visitors to the Fund’s stand learned about its work, the projects it has implemented or financially supported in the liberated territories, ongoing projects, and other initiatives. The Fund also screened videos about its activities and the restoration and reconstruction work underway in Garabagh and Eastern Zangazur.

A display that drew considerable interest from visitors featured photographs of Garabagh’s rich cultural heritage and natural beauty, selected lines from poems by renowned poets, folk songs, and bayatis (traditional Azerbaijani quatrains). It also included quotations about Garabagh from speeches by National Leader Heydar Aliyev, President of the Republic of Azerbaijan Ilham Aliyev, and other prominent figures.

The Fund presented an updated version of its “Pearls of Karabakh” puzzle game and introduced a quiz at AIREX on the history and culture of Garabagh and the Patriotic War. Participants who scored highly in both activities received gifts from the Fund, including T-shirts from the “Incredible Garabagh” collection.

AIREX 2026 took place during Azerbaijan’s Year of Urban Planning and Architecture. Against the backdrop of Baku’s future development and the reconstruction of cities and villages in Garabagh and Eastern Zangazur, the exhibition served as an important platform for presenting projects underway in Azerbaijan to local and international audiences.