HONG KONG, Nov. 5, 2012 /PRNewswire/ -- The Royal Institution of Chartered Surveyors (RICS) signed a Memorandum of Co-operation (MoC) with the Japan Association of Real Estate Appraisers (JAREA). The two leading professional bodies agreed to act in the public interest by building confidence and trust in their respective memberships, and fostering co-operation between the two bodies. This MoC agreement between RICS and JAREA symbolises the commitment of both organisations in promoting and developing property professionals in Japan.
The memorandum marks the beginning of a long term relationship between RICS and JAREA, through effective and regular joint promotion of professional knowledge and training. The agreement will provide pathways for membership and services through mutual recognition.
RICS President, Alan Collett said, "I am delighted that RICS is forming a closer relationship with JAREA, an organisation with a long history in public services in Japan. RICS sees JAREA as a long-term strategic partner. By signing the MoC, the strengthened relationship will allow us to move to the next level in our development of education and professional standards in Japan."
Under the agreement, the two bodies will support and organise professional events and also work together to share and contribute information on industry guidance notes and research, as well as organizing study tours abroad.
Ms. Maekawa, Keiko, Chairperson, the International Relations Committee of JAREA, said, "I am delighted to be here today to sign this Memorandum of Cooperation between the Royal Institution of Chartered Surveyors and the Japan Association of Real Estate Appraisal. In my role as Chairperson of the International Relations Committee of the JAREA, I will promote to our members the benefits of having an RICS' membership, and will encourage them to join and become its individual members. In the future, I would like to promote exchange of views between our respective organisations and will endeavour to work together to develop expertise in the real estate valuation business."
About RICS & RICS Asia
RICS is the world's leading qualification when it comes to professional standards in land, property and construction. In a world where more and more people, governments, banks and commercial organisations demand greater certainty of professional standards and ethics, attaining RICS status is the recognised mark of property professionalism.
Over 100 000 property professionals working in the major established and emerging economies of the world have already recognised the importance of securing RICS status by becoming members.
RICS is an independent professional body that since 1868, has been committed to setting and upholding the highest standards of excellence and integrity - providing impartial, authoritative advice on key issues affecting businesses and society. RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector.
The RICS Asia supports a network of over 11 000 individual professionals across the Asia Pacific region with an objective to help develop the property and construction markets in these countries, by introducing professional standards, best practice and international experience. It promotes RICS and its members as the natural advisors on all property matters. It also ensures that services and career development opportunities are provided to members.
The RICS Asia region covers national associations and local groups locating in Brunei, Malaysia, Singapore, Thailand, The People's Republic of China and the SAR Hong Kong. It also has members working across the region such as Bangladesh, Bhutan, Burma/Myanmar, Cambodia, Indonesia, Japan, Kiribati, Laos PDR, Macao, Mongolia, Nepal, North Korea, South Korea, Taiwan, The Maldives, The Philippines, Timor East and Vietnam. For more information, please visit: www.ricsasia.org.
About JAREA
Japan Association of Real Estate Appraisers (JAREA) is the only government recognised organisation of real property appraisers who have passed the national exam by the Ministry of Land, Infrastructure, Transport, and Tourism (One of Japanese Government Ministries).
Established in 1965 with 274 founding members, JAREA is a public service organisation that works under the Japanese Real Property Appraisal System.
JAREA is actively engaged in real estate appraisal consultations, real estate appraisal investigations and research, data collection for domestic and foreign real estate appraisal. The association also regular organizes seminars, international conventions, publish research reports and carry out international land price research.
JAREA's mission is to maintain the dignity of licensed real property appraisers and improve their professional levels, while keep striving for the progress and improvement of real property appraisal, and contribute to the development of the Real Property Appraisal System.
Contact:
Japan Association for Real Estate Appraisers (JAREA)
Email: jarea-e@fudousan-kanteishi.or.jp
Website: https://www.fudousan-kanteishi.or.jp/english/index.html
Media enquiry, please contact:
RICS Asia Public Relations Representative
Mr. Andy Hung / Ms. Polly Tsang
T: +852-2372-0090
F: +852-2372-0490
M: +852-9254-9250 / +852-6108-5435
E: andy@creativegp.com / polly@creativegp.com
