NUSA DUA, Bali--Despite the struggles of world property markets, FIABCI was able to grow its membership ranks by 6 percent last year, executives said during the FIABCI World Congress.

The Paris-based organization, known colloquially as the International Real Estate Federation, credits the jump to interest in a new social media networking function and growth of its education program, FIABCI University.

“Members want training,” said FIABCI president Lisa Kurrass.


Attendance at the World Congress, the group’s annual gathering, is the “largest in many years,” she said. More than 1,000 professionals representing 40 countries traveled to Bali for the event.

In the last year, FIABCI’s rolls grew by 200 members, from 3,000 to 3,200, according to executive secretary general Terrance Barkan. The group is also processing applications from 22 countries in the Middle East, Kurrass said.

 


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Author: Kevin Brass has covered the quirks and trends of the global property industry for many than 20 years, including regular features and analysis in the International Herald Tribune and the New York Times.

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