Lebanese businessman heads the International Real Estate Federation

The new president underlined the power of FIABCI to “share the best practices worldwide and connect real estate professionals from across the globe.”
by TK Maloy

12 July 2019 | 15:31

Source: by Annahar

  • by TK Maloy
  • Source: Annahar
  • Last update: 12 July 2019 | 15:31

Walid Moussa, Lebanese real estate whirlwind has been appointed World President for the International Real Estate Federation (FIABCI) for 2019-2020, bringing his youthful energy to the large global business group. (HO)

BEIRUT: Walid Moussa, President of the Real Estate Syndicate of Lebanon was recently installed as the World President for the International Real Estate Federation (FIABCI) for 2019-2020.

He succeeds Assen Makedonov from Bulgaria and first Arab president for FIABCI "which is considered the only international federation in the world for real estate professionals," the organization notes.

The new president took up his post during an official ceremony at the 70th FIABCI World Congress, held in the World Trade Center in Moscow, with the participation of the Lebanese Ambassador to Moscow, Mr. Chawki Bou Nassar, and a real estate delegation from Lebanon.

Moussa continues as head of the Real Estate Syndicate of Lebanon, and in his business position as Chairman of the Real Estate services and holding company PBM, which handles brokerage, commercial real estate, consultancy, real estate CRM, and fund management.

His top saying on his LinkedIn profile: “Great things in business are never done by one person,” which is reflective of the team approach he brings to his many activities.

After training in Law at Sagesse, Moussa made the transition to Real Estate where he quickly climbed the ranks.

At 40, he brings a youthful approach to his new position and wants to motivate younger professional to join and bring their millennial skill sets to FIABIC, he told Annahar. Also, shortly after initially joining the International Real Estate Federation several years ago, he led an initiative to form an Arabic countries group for the organization.

“I want to bring young people and young minds to the challenges international Real Estate faces” Moussa said, noting that worldwide “increased urbanization, affordable house and livable neighborhoods are all increasing challenges.”

On the personal front, Moussa and his wife Dina have three children: Karim, Yasmine, and Lilia. The family lives in Ashrafieh, and Moussa was born and raised in Amchit.

His new position will keep him up in the air literally and it is a global business group with meetings and networking on every continent.

The International Real Estate Federation includes members in 70 countries, including 100 professional associations and 65 academic institutions. The members work in all types of property sectors and represent all real estate disciplines including brokerage, property management, valuation, investment, development, consulting, legal, architecture, planning and insurance, among others.

In addition to “reinforcing the role of young professionals in this organization,” Moussa added that one of his top priorities is to “integrate technology into the system of the Federation, allowing members to better communicate and do more business together.”

On other fronts, Moussa assured that he is fully committed to the partnership with the UN Habitat program, whether in implementing the CPI or in working on projects that seek to finance affordable housing in different continents, knowing that FIABCI holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.

In 2017, Moussa was elected World Vice President during FIABCI 68th World Congress in Andorra. According to the Federation’s statutes, the Vice President automatically becomes President-elect for a one-year term before assuming his/her post.

In remarks, the new president underlined the power of FIABCI to “share the best practices worldwide and connect real estate professionals from across the globe.”

“The Federation is there to make business,” Moussa told Annahar.

Moussa is expected to call for a meeting of FIABCI’s Board to be held in Beirut this upcoming September. He hopes that this meeting will be an occasion to introduce the 25 Board members, from various nationalities, to the Lebanese Real Estate sector, and to showcase the possibilities of investing in it.

“I want to see Lebanon and the Lebanese market become more prominent on the international map,” Moussa told Annahar.

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