Magazine article Journal of Property Management

International News

Magazine article Journal of Property Management

International News

Article excerpt

IREM Members in Japan surveyed on critical issues

Japan's chapter held its annual meeting and conference in February. President Fred Prassas and IREM's chief executive officer and executive vice president Russ Salzman attended.

More than 150 attendees addressed the issues they face in their real estate business at the conference. Members in Japan completed scanning surveys, and according to the surveys, the major challenges racing property managers in Japan are:

* Radical changes in financial markets and their impact on the valuation of properties

* Tenant relations and high vacancy rates

* Differentiating management services

* Enhancing the level of professionalism of property management

* Developing staff skills

The meeting also included die induction of new members and the installation of 2006 officers. Prassas appointed 15 new CPM Members to die chapter, bringing the total number of members to 83. Noriaki (George) Shiomi, CPM, is the new chapter president, and Katsuyoshi Ishibashi, CPM, is president-elect.

Korea chapter welcomes new members, installs new officers

Leaders from IREM, the CCIM Institute and the Appraisal Institute traveled to Seoul, South Korea, in February to discuss opportunities for collaboration among the members of the three organizations there. …

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