Real Estate Market Advisory Group (REM)
The Real Estate Market Advisory Group (REM), an advisory group of the United Nations Economic Commission for Europe (UNECE) Committee on Housing and Land Management (CHLM), was established by the Executive Committee of UNECE on 7 December 2007. Following a decision by the Committee on Housing and Land Management and the Working Party on Land Administration, the name, the composition, the mission and the "terms of reference" of this advisory group were officially defined (ECE/EX/2007/L.I5).
According to a founding document approved by the Bureau of the Working Party on 24 April 2008 in Bergen (Norway), six members were nominated to integrate the advisory group. The proposed elements for a program of work of REM for the period 2012-2013 programme are available online.
REM has since organized two major events throughout the last biennium:
1. a seminar in New York on 16 December 2008 on “Real Estate and the Financial Crisis” - press release
2. a forum in Rome on 3 and 4 June 2009 on “Rethinking the Real Estate Markets” - press release
These and other REM activities have been reported by representatives of the group during the sixth session of the Working Party (Geneva, 18 and 19 June 2009).
At present the Advisory Group is preparing a series of guidelines for the development of sound real estate markets in the UNECE region and other scheduled works include a specific project on “Greening the Real Estate Markets.”
Publication: "Policy Framework for Sustainable Real Estate Markets: Principles and guidance for the development of a country's real estate sector" PDF
