Date: 25 August 2017
Company: ASEAN Real Estate Network Alliance (ARENA)
About 600 delegates from across the world attended the launch of the ARENA Convention and Exhibition (ACE) 2017 to discuss cross-culture practices, skills and knowledge.
Held for the first time in Malaysia, ACE 2017 was organised by the Malaysian Institute of Estate Agents (MIEA), the current ARENA chair and secretariat. Aimed at real estate practitioners, the three-day conference in Kuala Lumpur shared insights on regional real estate opportunities.
“ASEAN is growing tremendously and there are huge economic opportunities for ARENA members. Each ASEAN country, however, has its own individual characteristics and legal framework for property transactions,” said organising chairman Soma Sundrum. “Through programmes such as ACE 2017, we can share and better understand each market, especially when it comes to best practices.”
Topics covered at the conference included how to do cross-border sales, using technology to market properties, showcasing hotspots in Malaysia to attract foreign investment, the performance of regional real estate markets, and the effect of full liberalisation on the real estate service sector.
