FIG Task Force on Real Estate Market Study

Task Force on Real Estate Market Study 2015-2018
The Task Force on Real Estate Market Study was established at the General Assembly of the FIG Working Week 2015 in Sofia. It was considered good for Surveyors to increase their knowledge and activity in real estate markets and on current challenges. The Task Force was to carry out a study on the real property markets concerning mainly countries within the ECE Region in an economic transition process in its different phases.

News

Task force publication launched in 2020

The Guidelines for the Formalizing of Informal Constructions was developed jointly by UNECE Working Party on Land Administration (WPLA) and the International Federation of Surveyors (FIG). It is a brief, practical and easy-to-read guide, explaining how to structure a program for the formalization of informal constructions.

As countries are preparing for post-COVID recovery, these Guidelines may be of particular interest. Benefits from formalizing informal settlements could contribute to economic recovery by integrating them into land markets, with clear ownership titles and registration. Security of tenure, right to ownership of land and property provides access to credit and environmental, planning, construction, and utility-provision improvements can be initiated to a standard where people can live in adequate and healthy homes.

The publication was planned to be launched at the FIG Working Week 2020 in Amsterdam, the Netherlands at a special joint UNECE/FIG session. As the Working Week was cancelled, the launch has been converted into this online workshop.

Task force reports 2016-2018

The Task Force on Real Estate Market Study was established at the General Assembly of the FIG Working Week 2015 in Sofia. It was considered good for Surveyors to increase their knowledge and activity in real estate markets and on current challenges. The Task Force was to carry out a study on the real property markets concerning mainly countries within the ECE Region in an economic transition process in its different phases.

Task force workshop in Greece 19-20 September 2016

We have the pleasure to invite you to participate in the High-level Athens Workshop in September 19 and 20, 2016, co-organized by FIG, the World Bank and the Technical Chamber of Greece. You are welcome to submit papers, too. The topic is: Sustainable Real Estate Markets-Policy Framework and Necessary Reforms". The Global Lead on Land Policy and Geospatial Issues of the World Bank, Mr. Wael Zakout will give the main keynote speaker. The motto is: "For a world free of poverty, fear and inequality, where life is safe and growth is resilient and sustainable". The Workshop is supported by FIG Commissions 3, 7 and 9 as well as FIABCI, EGoS, Eurobank Property Services and the National Bank of Greece. The venue will be the Old Stock Exchange Building of the National Bank of Greece, Pesmazoglou 1 st, in Athens. Please find attached more info about the topics and the updated important dates.

Work plan

1. RATIONALE

It would be good for Surveyors to increase their knowledge and activity in real estate markets on the current challenges etc. Therefore it would be helpful to establish a FIG Task Force on this topic. It is suggested to focus on the ECE region. There are several countries in this region struggling to improve their property markets.

2. AIM OF THE TASK FORCE

Carry out a study on the real property markets in the UNECE region.

3. FOCUS/THEMES

Topics related to the theme or the real estate market:  legislation  relevant recent legislation and involved governmental agencies for regulation and permitting procedures  existing registers/databases, information services  taxation, fees - transparency  players/actors  investigation of the investors' needs  processes  time and costs required  government guarantees to register information  security of ownership/tenure

4. COMPOSITION OF TASK FORCE

Suggested members of the task force and people involved: to be decided at the Working Week 2015. Also other experts, not only surveyors, will be needed. They can be found in collaboration with UNECE.

5. PROPOSED WORK PROGRAMME

2015-2018

6. OUTCOME

Report on the current situation in the real property market in the region, its challenges, and main lines of development.

7. CHAIR

Pekka Halme, Director of Strategic Development, NLS Finland
 

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