Commercial real estate’s premier professional organization establishes a partnership with the International Real Estate Federation.
Celebrating its 50th anniversary, CCIM Institute further enhanced its global presence with a partnership agreement with the International Real Estate Federation – U.S. Chapter (FIABCI-USA). The strategic collaboration strengthens the opportunities for the organizations to increase business development in established and emerging global markets for their members.
“As the globally recognized gold standard for commercial real estate education and practice, it is an honor to affiliate with FIABCI,” says 2017 CCIM Institute President Robin L. Webb, CCIM. “The partnership provides both global organizations the opportunity to serve all members more broadly and develop an even higher profile in the global marketplace.”
In collaborating with FIABCI, CCIM Institute gains access to an established global organization with a presence in 65 countries, more than 120 professional associations, and 65 academic institutions, as well as 3000 individual members from all professions of the real estate sector.
“In today’s marketplace, it is all about global connections,” says 2017 FIABCI-USA President Susan Greenfield. “Affiliating with FIABCI instantly brings the oldest and strongest global network to our industry partners.”
Despite fears of continued interest rate hikes and global economic uncertainty, the U.S. commercial real estate market has become a haven for offshore investors, who are pumping record amounts of capital into U.S. assets. Canadians have historically been the most active foreign players in the market, but Asian and European investors are starting to surpass them.
Past CCIM Institute President Sheldon F. Good, CCIM, who also served as former World President of FIABCI, was vital to developing the strategic partnership. “These two elite organizations will provide unmatched real estate business and educational opportunities to professionals who deal in the international real estate market,” says Good. “Their partnership will provide the foundation required for thousands of professionals to learn and do business together.”
CCIM Members will also be eligible to participate in the FIABCI Prix d’Excellence Awards, which are cosponsored by The Wall Street Journal. Co-created by Good, the awards recognize excellence in real estate projects and developments that make the world a better place to live, work, and play.
FIABCI is the most representative organization of the real estate industry globally and holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.