Real Estate Union of the Organization of Islamic Cooperation
الاتحاد العقاريالاتحاد العقاريالاتحاد العقاري
info@reuos.org
Riyadh - Jeddah

Objectives

Strategic objectives and main means of action

First objective:

to enhance the member states governments economy through the real estate sector and raise it to the international standards. This objective could be achieved through the following means:
A) Encouraging investment and developing real estate wealth through establishing investment funds and companies and enhancing investor confidence in real estate registered in member states.
B) Improving the working relationship and building partnerships between the public and private sectors within member states and communicating with decision-makers in order to overcome obstacles that prevent joint and development work.
T) Develop systems, apply real estate quality standards, and support the upgrading of residential project standards.
D) Establishing close relationships with similar international organizations to exchange experiences and benefits.
C) Adopting common real estate issues before international bodies and media and defending the collective interests of members.
H) Performing real estate services required for development purposes such as studies, research or information analyses.
X) Develop common standards for “best practices” in real estate industry management, services, and products.

The second goal

Developing members’ businesses and successes through communication, building relationships, discovering real estate opportunities, and opening horizons of investments and partnerships. This goal is achieved through the following means:

A) Holding and organizing forums, periodicals, and visits of public and private real estate and investment delegations.
B) Cooperating with all real estate entities in member states to strengthen relationships within the scope of the branch.
T) Contributing to strengthening members’ relations and facilitating their access to any services and facilities with official and semi-official bodies inside and outside their country.
D) Contributing to the promotion and marketing of member projects.
C) Creating updated databases for investors, projects and opportunities and making them available to members.
H) Developing an interactive website that allows constant communication between members.
G) Issuing periodic specialized news bulletins to circulate members’ professional news and achievements.
D) Participate in real estate programs and events and respond to invitations from governments and official and semi-official organizations.

The third goal

to enhance the member states governments economy through the real estate sector and raise it to the international standards. This objective could be achieved through the following means:
A) Encouraging investment and developing real estate wealth through establishing investment funds and companies and enhancing investor confidence in real estate registered in member states.
B) Improving the working relationship and building partnerships between the public and private sectors within member states and communicating with decision-makers in order to overcome obstacles that prevent joint and development work.
T) Develop systems, apply real estate quality standards, and support the upgrading of residential project standards.
D) Establishing close relationships with similar international organizations to exchange experiences and benefits.
C) Adopting common real estate issues before international bodies and media and defending the collective interests of members.
H) Performing real estate services required for development purposes such as studies, research or information analyses.

Fourth goal

Adopting initiatives by individuals and institutions that advance the real estate industry in member states. This goal is achieved through the following means:
A) Supporting innovation in real estate sector projects and services.
B) Providing real estate awards to creative projects and individuals and highlighting their qualitative initiatives.
T) Establishing the Real Estate Union Forum (conference and exhibition) to be a platform that displays all innovations and new initiatives.

Fifth goal

Adopting initiatives by individuals and institutions that advance the real estate industry in member states. This goal is achieved through the following means:
A) Supporting donors in directing, implementing and monitoring their projects for reconstruction and developing housing and infrastructure in member states.
B) Providing an effective platform for presenting government projects to elite investors in the world.
T) Seeking to find professional real estate references for legislation, oversight and arbitration among member states.
D) Attracting investor delegations from all countries of the world to visit member states, invest, and learn about their progress.
C) Providing support (including cooperation and financing) to local and international initiatives that will advance or result in the promotion, development and representation of the real estate sector in member states.
H) Concluding service agreements, partnerships, and bilateral cooperation memorandums with members or any third party that achieves the Union’s goals and supports the success of members or the development of Islamic countries in infrastructure, housing, or investments.