Walid Moussa, President of the Real Estate Syndicate of Lebanon (REAL), was installed as the World President for the International Real Estate Federation (FIABCI) for 2019-2020, succeeding to Assen Makedonov from Bulgaria. Moussa is the first Arab president for FIABCI which is considered the only international federation in the world for real estate professionals.
The new president took up his post during an official ceremony at the 70th FIABCI World Congress, held in the World Trade Center in Moscow, with the participation of the Lebanese Ambassador to Moscow, Mr. Chawki Bou Nassar, and a real estate delegation from Lebanon.
Moussa is expected to call for a meeting of FIABCI’s Board to be held in Beirut next September. He hopes that this meeting will be an occasion to introduce the 25 Board members, from various nationalities, to the Lebanese real estate sector, and to showcase its development and the possibilities of investing in it.
In his speech, the new president underlined the power of his organization to “share the best practices worldwide and connect real estate professionals from across the globe.” The Federation includes members in 70 countries, including 100 professional associations and 65 academic institutions. The members work in all types of property sectors and represent all real estate disciplines including brokerage, property management, valuation, investment, development, consulting, legal, architecture, planning and insurance, among others.
The new elected President announced that he plans to “reinforce the role of young professionals in this organization by welcoming more young members and assigning them key positions.”
He also added that one of his top priorities is to “integrate technology into the system of the Federation, allowing members to better communicate and do more business together.”
On another side Moussa assured that he is fully committed to the partnership with the UN Habitat program, whether in implementing the CPI or in working on projects that seek to finance affordable housing in different continents, knowing that FIABCI holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.
In 2017, Moussa was elected World Vice President during FIABCI 68th World Congress in Andorra. According to the Federation’s statutes, the Vice President automatically becomes President-elect for a one-year term before assuming his/her post. Moussa is the Founding President of FIABCI Arabic Countries.