RICS Signed Memorandum of Co-operation with JAREC

HONG KONG, Nov. 7, 2012 /PRNewswire/ -- The Royal Institution of Chartered Surveyors (RICS) signed a Memorandum of Co-operation (MoC) with Japan Association of Real Estate Counselors (JAREC) based in Japan on 7 November in Hong Kong. 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 JAREC symbolizes the commitment of both organizations in promoting and developing property professionals in Japan.

(Logo: http://www.prnasia.com/sa/2009/08/17/200908171721.jpg )

According to the agreement, the two parties set the plan and work collaboratively on diffusion of professional knowledge, and constructing exchanges and trainings. In accordance with the agreement, the two bodies will support and organize professional events and work together to share and contribute information on industry code of ethics and research. Moreover, the agreement will provide pathways for membership and services through mutual recognition.

RICS President, Alan Collett said, "By establishing a framework for enhanced professional development between our organisations, the MoC allows 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 organize professional events and also work together to share and contribute information on industry guidance notes and research, as well as organizing study tours abroad.

JAREC Managing Director, Mr Masayuki Yoshimura said, "RICS is a global organisation with great reputation within the real estate industry worldwide. Its recent development in Japan has brought global standards and knowledge to the Japanese professionals. We hope this agreement will broaden the opportunities for their global activities."

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 JAREC

Japan Association of Real Estate Counselors (JAREC) is a non-profit organization. It supports effective utilization and management of real estate and provides training to real estate counselors.

In 1998, JAREC was first established as a voluntary association under the name of the Japan Society of Real Estate Counselors. It was later accredited as a Specific Non-Profit Organization on 16 March and was formally formed on 3 April 2006.

JAREC's mission is to raise public awareness on the knowledge and expertise in real estate counseling and training. Its activities include diffusion of knowledge, research and suggestion, and information provision on real estate counseling; exchange with local and overseas real estate counseling agencies; training of and provision of qualification to real estate counselors; and introduction and dispatch of real estate counselors.

Contact:

Japan Association of Real Estate Counselors (JAREC)

Email: info@jarec.jp

Website: http://www.jarec.jp/english/overview/index.html

SOURCE　Royal Institution of Chartered Surveyors