Page 50 - Union Properties PR Report - December 2023
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12/27/23, 2:28 PM Leading Real Estate Professionals Talk Sustainability, AI, Compliance at the World Realty Congress Summit
seminars, and keynotes from leading global real estate professionals on relevant subjects like the
adoption of AI in community management, life-cycle sustainability, and compliance with evolving
regulations.
IRECMS, back for its fourth edition, conducted masterclasses that pushed the bounds of conventions
by touching upon how real estate professionals can prioritise mental health, manage their personal
finances, and improve their soft skills. On the industry front, the IRECMS Conference brought
insightful and interesting perspectives on sustainability, zero tolerance toward collapses, the
management of luxury properties, the role of community management in design, the use of AI in
real estate management, and the importance of governance and compliance. Supported by leading
professional associations such as CAI, SCA, CAMICB, and MEFMA, the World Realty Congress is in
sync with the changing contours of compliance in real estate globally.
“We created the World Realty Congress to unite the entire real estate ecosystem, fostering learning,
celebration, and collaboration. It is not just about addressing issues but also embracing the essence
of the industry, from celebrating successes to exploring new frontiers. The overwhelming response
to our inaugural edition solidifies our ambition to make the World Realty Congress the world’s
foremost real estate conference. Together, we will redefine the industry,” noted Jatin Deepchandani,
CEO of Plan3Media Event Management LLC, the organiser.
Exhibitors, including innovators at the intersection of real estate and emerging disciplines like
climate tech, gathered in good numbers, leveraging the opportunity to engage with professionals
from sub-industries such as developers, brokers, facility managers, community managers, and
property consultants. Many exhibitors have confirmed their attendance for the next edition in 2024,
encouraged by the summit’s unique approach to multi stakeholder participation.
REM TIMES Realty Confex added a nuanced dimension to the summit by delving deeper into sub-
markets such as affordable housing and luxury properties in the UAE. It underscored the importance
of each such segment for the holistic growth of the real estate industry and the larger economy. The
FDI inflow into the branded housing segment was among the key talking points. REM Times Realty
Confex recognised and felicitated 12 key players, including Union Properties, DAMAC Properties
and Sobha Realty, for their continued valuable contributions to the regional real estate industry.
IRECMS’ reputation for merit-based award culture was on full display at the Gala Night. The glitzy
event saw 52 deserving winners across 26 real estate-centric categories walk away with the
prestigious IRECMS Dubai Award 2023. The rigorous award-selection process involved 28 global
expert jury members who, over the course of a few months, spent over 300 hours assessing 108
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