Page 56 - Union Properties PR Report - December 2023

12/27/23, 2:30 PM Leading real estate professionals talk sustainability, AI, compliance at the World Realty Congress Summit – Executive Bulletin
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 prioritize 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 organizer.

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

recognized 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 presentations on

people-centric approaches, value creation, sustainability outcomes, and innovative operations.

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